Ukraine signs first Transbalkan gas deal with Azerbaijan's SOCAR
oil and gas major Naftogaz
has signed its first deal with Azerbaijan's
SOCAR
to import natural gas via the
Transbalkan route
, it said on Monday.
"For the first time, a test shipment of gas is being delivered through the Transbalkan route along the Bulgaria-Romania-Ukraine corridor,"
Naftogaz
said in a statement on its website.
The Ukrainian company said the agreement was for a small volume of gas, and did not specify timelines.
"This is a small volume but strategically important step that paves the way for long-term cooperation," Naftogaz CEO Serhiy Koretskyi was quoted in the statement.
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