Sofia and Podgorica are considering setting up a joint company for the transfer of electricity to Italy, it transpired after the talks held by PM Boyko Borissov and his Montenegrin counterpart Igor Luksic Friday in Sofia.

The head of the Bulgarian government stressed on the need to avoid intermediaries in the process. Energy was the key subject of the bilateral talks.

The Bulgarian National Electricity Company and the Economy and Energy Ministry have been working actively on drafting a long-term contract for the export of electricity to Montenegro.

For his part Borissov reiterated also his country’s support for the Western Balkan state’s bid for EU membership.