Bulgartransgas, Eustream To Cooperate on Balkan Gas Hub

Business » ENERGY | November 4, 2016, Friday // 13:33
Bulgaria: Bulgartransgas, Eustream To Cooperate on Balkan Gas Hub Energy Ministry

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.

 

 

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Energy » Be a reporter: Write and send your article
Tags: gas hub, Balkan, Eastring, Slovakia, Bulgaria, memorandum, energy, Petkova

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria