Bulgaria, Montenegro mulls jointly exporting electricity to Italy

Bulgaria, Montenegro mulls jointly exporting electricity to Italy

Bulgaria and Montenegro could establish a joint company for transmission of electricity to Italy, Bulgarian Prime Minister Boyko Borissov said here on Friday.

"If the two countries negotiate mutually beneficial parameters, it would allow Bulgaria to enter the Italian electricity market," Borissov told a joint press conference with his Montenegrin counterpart Igor Luksic.

On Tuesday, experts from the two countries would meet to discuss technical issues of this cooperation, Borissov added.

Luksic, who paid a one-day working visit to Bulgaria, said both sides had an "enormous interest" in such cooperation.

Montenegro was considering paving high-voltage cable under the Adriatic Sea to Italy. Borissov expressed interests to join in the project in June.

Borissov said Bulgaria exported its electricity at the price of 30 euro (some 42 U.S. dollars) per megawatt hour. Via the cable under the Adriatic Sea, Bulgarian electricity could come to Italy, where the electricity price was 92 euro (128 dollars) per megawatt hour.

Editor: yan

English.news.cn   2011-10-22 05:52:22 FeedbackPrintRSS
SOFIA, Oct. 21 (Xinhua)