Inside Bulgaria's Easter Celebrations: Traditions Passed Through Generations
Today marks the joyous celebration of Easter, one of the most significant holidays in the Orthodox Christian calendar.
Russian energy giant Gazprom has said it signed a memorandum with Italy's Edison SpA and Greece's DEPA SA on gas deliveries.
In a press statement, it has explained that according to the memorandum of understanding signed in Rome, gas will be delivered under the Black Sea "via third countries" to Greece and will be transported "from Greece to Italy with the ame of organizing the southern route of supplies of Russian natural gas from Europe."
In practice, "third countries" could mean either Bulgaria or Turkey.
The announcement is a major development that follows the demise of the South Stream gas pipeline in December of 2014 and the deadlock of its alternative Turkish Stream caused by tensions between Ankara and Moscow.
Russian business daily RBC quotes Mikhail Korchemkin, who heads the East European Gas Analysis, as suggesting that the expression "third countries" in Gazprom's statement means mostly "Bulgaria".
It has opined the press statement by Gazprom means a new Black Sea pipeline is now in the planning stage.
"The agreement reflects the interest of countries along the route in deliveries of natural gas from Russia under the Black Sea bed via third countries to Greece and from Greece to Italy," the statement also reads.
"The development of intra-European gas transport capacities is an important ingredient of the increase of reliability of gas supplies, including Russian ones, to consumers all across Europe," Gazprom CEO Alexey Miller is quoted as saying.
Gazprom says it is intending to make "maximum use" of work done by Edison and DEPA under the so-called "ITGI Poseidon" project - one described by its own website as infrastructure completing the natural gas corridor through Turkey, Greece and Italy. The interconnection Turkey-Greece-Italy itself is called "ITGI" and is part of the Southern Gas Corridor project, aimed at transporting gas from places such as Azerbaijan to Italy via Turkey, Greece and Albania, untr the Adriatic.
This has given some media outlets ground to speculate on whether the new project will be named "Poseidon".
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
The Kozloduy Nuclear Power Plant (NPP) in Bulgaria is set to embark on a significant transition as it begins the process of replacing Russian nuclear fuel with American fuel from Westinghouse
Bulgargaz, the leading public gas supplier in Bulgaria, anticipates a notable decrease in the price of natural gas for the upcoming month of May. According to Lyudmila Vitanova
Eurostat's latest findings have shed light on the shifting landscape of household energy prices in the European Union, with Bulgaria emerging as a frontrunner in affordability.
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
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022