Winter Tourism: 1.8 Million Visit Bulgaria
Bulgaria has witnessed a bustling winter tourism season, with a total of 1.8 million tourists gracing its picturesque landscapes from December 1 to March 25
The EU will not set unjustified restrictions regarding the construction of the South Stream gas pipeline, which is supposed to transit Russian gas to Europe, Gunther Oettinger, EU Energy Commissioner, stated Wednesday.
The EU will not create either bureaucratic barriers or unreasonable limits, Oettinger said during a presentation on the project, RIA Novosti reports.
Russia and EU will be equal partners in the project, The EU Commissioner declared.
On Wednesday, the Russian Ministry of Energy and state-run gas giant Gazprom presented the South Stream gas pipeline project at the EU headquarters in Brussels.
With this presentation, Russia aimed to win the status of a trans-European gas transmission network for South Stream, thereby allowing it to go beyond the competences of European and national regulatory bodies.
The EU has already granted such an exclusive status to what is considered South Stream's rival project, the Nabucco pipeline, which, however, has reached a standstill over the failure to secure sufficient gas supplies.
The 900 km South Stream gas pipeline is planned to start near Novorosiysk on the Russian Black Sea coast, crossing Bulgaria's city of Varna on its way.
In Bulgaria, the pipe is supposed to split in two - one pipeline going to Greece and Southern Italy, and another one going to Austria and Northern Italy through Serbia, Croatia and Slovenia.
The offshore section of South Stream is planned to carry 63 billion cubic meters (bcm) of natural gas per year.
South Stream's branch running from Bulgaria through Serbia was negotiated between Russia and Serbia on January 25, 2008.
The future gas pipeline aims to partially replace the planned extension of Blue Stream from Turkey through Bulgaria and Serbia to Hungary and Austria.
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The Nuclear Regulatory Agency (NRA) has greenlit the phased transition to a new type of nuclear fuel for Unit 5 of Kozloduy Nuclear Power Plant (NPP), manufactured by Westinghouse
In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May
The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
Oil prices have surged due to renewed concerns about the Middle East conflict. Brent crude futures increased by 0.32% to 90.80 USD per barrel, while American WTI crude rose by 0.3% to 86.50 USD per barrel
Bulgaria's state-owned energy company, "Bulgargaz," has suffered a significant setback, losing 27% of its market share as a result of a contract with the Turkish company "Botas"
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
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022