Montenegro: Bulgarians interested in energy exports over underwater power cable to Italy

Published on 29. May 2015., SEE Energy News

Bulgarian investors informed the Prime Minister, Milo Djukanovic, that they are interested in investing in Montenegro. Primarily in the construction of large and small hydropower plants, refineries, solar parks.

They said that they believed that Montenegro had the best properties for development and that it should be used. Prime Minister of Bulgaria, Boyko Borisov said his country could become a major partner in the energy sector through a submarine interconnection cable, which Montenegro builds with Italy.

Bulgaria has a surplus of electricity and can export it, so therefore it is for us an important undersea cable. It is an investment for the future – said the Prime Minister Borisov.