Bulgarian PM Participated in the 7th Global Baku Forum in Azerbaijan
Prime Minister Boyko Borissov participated in the opening ceremony of the Seventh Global Baku Forum in Azerbaijan, organized by the NGO Nizami Gendzhi International Center.
The ironclad guarantees demanded by Russian President Vladimir Putin from the EU for the delivery of Russian gas along the bottom of the Black Sea for the Balkan gas hub will not be given soon.
These will depend on the pre-project survey of the regional gas distribution centre near Varna. This is the opinion of the Spokesperson for Specific Energy Union Projects of the European Commission Jakub Adamowicz. He commented on Wednesday that the links between the gas network of Bulgaria and that of Europe and the modernised infrastructure are more important than single projects for the construction of pipelines.
Brussels is ready to finance in half the pre-project survey for the Balkan gas hub, which is expected to be announced at the beginning of next year. Before that, however, an analysis must be prepared of possible sources and routes for the delivery of gas to this centre, its liquidity and profitability. A public procurement order has been announced for the preparation of the document and offers may be submitted as of October 5, 2016. It is on the basis of this public procurement order that the EC expects Bulgartransgaz to request co-financing for the pre-project survey for the hub.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
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
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"
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022