Russian Drone Strikes Ravage Ukraine
Russian forces have launched a devastating drone attack across the entirety of Ukraine, leaving a trail of destruction and casualties in its wake
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
EU's aiming at diversification of its natural gas supply routes might actually affect their stability and reliability.
This was said Friday by Alexei Miller, the President of the Russian energy giant Gazprom, as quoted by BTA.
Miller declared that in 2015, 35% of all Russian gas exports for Europe would go through the South Stream transit pipeline.
The construction of South Stream is expected to be completed by 2013.
Its route goes through Bulgaria where it is supposed to cross paths with the EU sponsored Nabucco pipeline. From Bulgaria, South Stream will split into two pipes - one for Italy and one for Austria.
The aim of the new pipeline is to eliminate the Ukraine and Turkey as transit countries as the it will go from Russia straight to Bulgaria through the Black Sea.
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A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament
Natural gas prices in Europe experienced a significant spike, surpassing 2% to reach 29 euros per megawatt-hour (MWh) on Monday
Amidst Ukraine's urgent need for additional power sources following the closure of the Russian-controlled Zaporizhzhia nuclear power plant
Bulgarian lawmakers have taken a significant step toward bolstering the nation's energy infrastructure by advancing cooperation with the United States for the construction of Units 7 and 8 at the Kozloduy Nuclear Power Plant
The Bulgarian Parliament has ratified the Agreement between the Government of the Republic of Bulgaria and the Government of the United States on cooperation regarding the construction of nuclear power at the Kozloduy Nuclear Power Plant
During a forum in Alexandroupolis, US Assistant Secretary of State for Energy, Jeffrey Payatt, highlighted the significance of a gas pipeline project through Bulgaria as the next pivotal step for energy development in the region
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