Bulgarian Farmers to Receive BGN 300 Million Aid Amid Russia-Ukraine Crisis
In a bid to support its agricultural sector amidst the ongoing tensions stemming from Russia's war against Ukraine, Bulgaria announces a significant aid package for farmers
Bulgartransgas EAD and eustream a.s will work towards improving the security of natural gas deliveries in Central and Southeastern Europe and the implementation of the infrastructure projects – gas hub Balkan and gas pipeline Eastring, reported Bulgaria’s Energy Ministry.
This is envisaged in the Memorandum of Understanding signed on Friday by the Bulgarian and Slovakian gas grid operators in the presence of Energy Minister Temenuzhka Petkova.
Bulgartransgas and eustream will draft a concept for the development of the gas hub in Bulgaria in accordance with the Eastring project. The two parties will analyse and review in detail the technical options for the coordinated implementation of the two projects.
An agreement confirms the linkage between the two projects. The Eastring pipeline will serve as a priority western route for the intersystem linking of regional markets and gas hub Balkan.
In order to guarantee the security of gas deliveries in Central and Southeastern Europe, the memorandum envisages support for the inclusion of other countries interested in the two projects.
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