Europe Natural Gas Prices Surge to EUR 29/MWh Following Russian Attack on Ukrainian Facility
Natural gas prices in Europe experienced a significant spike, surpassing 2% to reach 29 euros per megawatt-hour (MWh) on Monday
US energy giant General Electric has expressed interest in building new powers at Bulgaria's Martisa Iztok TPS, and in contributing to the construction of the South Stream natural gas pipeline, revealed Bulgarian Economy and Energy Minister Dragomir Stoynev.
Speaking in an interview for the Bulgarian National Radio Sunday, Stoynev said that he discussed those matters with GE representatives during his recent visit to the us.
"General Electric offered to build units 9 and 10 of Maritsa Iztok 2, which will be an important development in the-consuming part of Bulgaria's energy sector," said he minister.
Located near the city of Stara Zagora in southern Bulgaria, the state-owned Maritsa Iztok 2 TPP is the largest on the Balkans.
According to Stoynev, GE has also expressed interest in delivering compressors for the construction of the South Stream pipeline, which will deliver Russian natural gas via Bulgaria and Serbia on to Central Europe.
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