Page 174 - ΝΑΥΤΙΚΑ ΧΡΟΝΙΚΑ - MARTIOS 2023

38th annual Expo & Conference
Connecting the North American shipping
community worldwide

Rossen Hristov signed the Memoranda new alternative sources of supply. Not
that deepen the strategic energy coop- because it replaces the tankers that BOOKINGS NOW OPEN!
eration between Greece and Bulgaria, have to cross the straits of the Bospho-
based on solidarity and reciprocity and rus, but, in this way, it will be added to March 21-23, 2023
strengthening energy security in our other energy facilities, such as the IGB
wider region within the broader context and the FSRU in Alexandroupolis. The Hilton Stamford Connecticut
of the European countries’ efforts of ultimate goal is for natural gas to reach
European countries to wean the European even Ukraine,” Mr Mitsotakis stated.
economy from Russian hydrocarbons.
The first Memorandum concerns energy UGANDA BECOMES PART OF THE
cooperation in natural gas supply and GLOBAL OIL MAP
storage and exploring the possible con- As the global energy market’s equi-
struction of a new oil pipeline project librium remains fragile and the energy
connecting the Ports of Alexandroupolis needs in the East and West seem to be
and Burgas. gradually increasing, interest is focus-
Mr Mitsotakis, referring to the first ing on new players who can enter the
Memorandum concerning the security market, which is precisely what is hap-
of supply and storage of natural gas, pening in Uganda, where oil giants are
said that this development is timely working with local operators to start oil
because of the geopolitical situation exports from April 2025.
and noted that “Russian revisionism In the country’s west, drilling has already
stumbles on the brave defence of the begun at the Kingfisher field near Lake
Ukrainian people, but causes economic Albert, managed by Chinese oil giant
pain by turning energy into a means of CNOOC. Later this year, drilling is also
state blackmail. The Bulgarians are well expected to start at the Tilenga well,
aware of this because Russia cut off the operated by France’s TotalEnergies. Where the global
natural gas to our neighbouring country The Ugandan subsidiary of oil giant
last year.” CNOOC has started drilling produc- leaders of shipping #CMAShipping
The second Memorandum of Coopera- tion wells at the Kingfisher oilfield on
tion concerns oil and “emancipation from the shores of Lake Albert in the west of meet to get
Russian sources,” as Mr Mitsotakis said. the country. At the same time, drilling is Book before Feb 3
In particular, it concerns exploring the also expected to start later this year at business done. and save up to $400.00
possibility of building a new pipeline the Tilenga well, managed by France’s
connecting Alexandroupoli to Burgas, TotalEnergies.
rather than the opposite, as envisaged The oil will be transported through a To register, visit our event website to see how you can get involved:
by a previous similar project, which will 1,400 km long pipeline to Tanga Port in CMAShippingEvent.com
supply Bulgaria with energy resources. Tanzania and shipped to international
“The new pipeline is being revived in markets. In addition, Uganda is looking
the light of the new conditions as the for partners to develop refining infra- Brought to you by Organised by Proudly Supporting
Alexandroupolis-Burgas pipeline, not structure to supply derivatives to local
as Burgas-Alexandroupolis, offering markets.

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