Send to Kindle
Photo by BGNES
Bulgaria's government on Thursday announced the gas hub Bulgaria was intending to build near Varna, at the Black Sea, would bear the name "Balkan".
A cabinet statement issued Thursday coincides with a meeting of Energy Minister Temenuzhka Petkova and Klaus-Dieter Borchardt, Director Internal Energy Market at the European Commission's Directorate-General for Energy.
It also reads that Borchardt and Bulgaria's Deputy PM for economic development, Tomislav Donchev, will head a work group set up last year to study the gas hub project.
The group will work to address challenges facing the regulatory framework and commercial environment to enable an easier connection of Bulgaria to the rest of Southeast Europe.
Borchardt is quoted as saying, on behalf of EU Energy Commissioner Miguel Arias Ca?ete, that Brussels is interested in the development of the gas sector in Southeast Europe to provide supplies to every country in the region.
Bulgaria came up with the gas hub proposal last December, after Russia abandoned the South Stream project which was to carry gas to Central Europe via Bulgaria and Serbia.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Acting Minister of Transport, Georgi Gvozdeikov, has taken the unprecedented step of canceling the tender for the supply of 35 single-deck motor trains, valued at a staggering BGN 1.1 billion
In a recent interview on Nova TV, former Minister of Economy Bogdan Bogdanov expressed skepticism regarding Bulgaria's prospects of entering the Eurozone at the outset of 2025
Daniel Mitov, Deputy Chairman of GERB, has expressed his readiness to assume the position of Acting Foreign Minister
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
Italy has thrown its weight behind Bulgaria's bid for full-fledged membership in the Schengen area, affirming its steadfast support during Italian President Sergio Mattarella's two-day visit to Bulgaria
In a recent release of the Authoritarian Populism Index 2024, Bulgaria emerges as a focal point for understanding the intricate interplay of political ideologies shaping Europe's landscape
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
