Armenia-Azerbaijan Tensions Spike: New Shelling Incident
Tensions between Armenia and Azerbaijan have surged once again, with Armenia accusing Azerbaijan of a deadly attack that claimed the lives of two soldiers and left several others injured
Bulgaria can expect Azeri gas via the Nabucco West pipeline in end- 2018 or early 2019, according to Christian Dolezal, spokesperson of the Nabucco consortium.
"We are very optimistic because we provided everything the Shah Deniz consortium wanted. We have reached a very advanced stage of the permit issuance procedure. If all proceeds as planned, Bulgaria can expect Azeri gas supplies in end 2018-early 2019" Dolezal said in a Thursday interview for the Bulgarian National Radio (BNR).
The EU-backed Nabucco project is to carry Caspian natural gas to Europe by circumventing Russia.
In May 2012, the Nabucco Consortium presented the revised, smaller version of the gas pipeline project called Nabucco West.
The 1300-km pipeline Nabucco West is to carry Caspian gas from the Bulgarian-Turkish border to the Central European Gas Hub (CEGH) in Baumgarten and beyond.
The project's current shareholders include the Bulgarian Energy Holding (Bulgaria), Botas (Turkey), FGSZ (Hungary), OMV (Austria), and Transgaz (Romania).
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
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
Natural gas prices in Europe experienced a significant spike, surpassing 2% to reach 29 euros per megawatt-hour (MWh) on Monday
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022