Bulgarian Officials: There is no immediate threat or energy risk for the country amid Middle East tensions

Bulgaria’s Prime Minister Rosen Zhelyazkov convened a high-level meeting today to discuss the security and economic impact of the escalating situation in the Middle East, following recent strikes on Iranian nuclear sites by both the USA and Israel, BGNES reports.

The meeting included the Ministers of Defense, Finance, Energy, Economy and Industry, Interior, the Chief of Defense, and representatives from the country’s security services.

Defense Minister Atanas Zapryanov assured the public that there is no direct threat to Bulgaria due to the situation in Iran and confirmed that radiation levels in the country remain normal.

He said Bulgaria’s armed forces will continue their usual operations and emphasized that any threat to Bulgaria would be treated as a threat to NATO as a whole.

A high-level NATO meeting will be held tomorrow in The Hague, where the Alliance is expected to address defense and deterrence plans in light of recent developments.

Energy Minister Zhecho Stankov also sought to calm concerns about potential fuel supply disruptions. He explained that even if the Strait of Hormuz were to close, Bulgaria’s energy security would not be affected because the country is not heavily dependent on oil supplies from that region.

Stankov noted that oil shipments to Bulgaria are already en route and fuel prices are stable, showing only minor fluctuations.

He also highlighted that Bulgaria has diversified its gas supply, receiving 1 billion cubic meters from Azerbaijan and additional volumes through contracts for liquefied natural gas.

According to him, this diversification allows Bulgaria to secure gas at prices about 15% lower than average market rates. | BGNES

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