(Montel) A mooted power transmission network between the Balkan region, Greece and Turkey is vital for regional security of supply, market observers told Montel on Tuesday. Regional experts welcomed the announcement, noting the corridor would improve existing transmission infrastructure, while bolstering energy security in southeast Europe. More imports“[The corridor] will allow the transfer of more electricity to the [Balkan] region and help secure projects in North Africa and the Caspian region,” Bulgarian energy ministry Vladimir Malinov said in a statement. The planned East-west energy corridor would connect the electricity transmission networks of Turkey, Bulgaria, North Macedonia, Kosovo, Albania and Montenegro and possibly extend to Italy. Bulgaria’s current interconnection capacity stands at 1,500 MW with Greece and 1,800 MW with Romania, with much less capacity available on its borders with Turkey and North Macedonia, at 500 MW and 400 MW, respectively.