European Parliament Passes Law to Restrict Cash Payments to €10,000
The European Parliament has voted to impose a €10,000 limit on cash payments within the European Union
France GDF Suez May Consider Joining Nabucco Gas Pipeline
- Tweet
Send to Kindle
"We could look again" at the Nabucco project, which Gaz de France was interested in before becoming part of GDF Suez, Mestrallet said. Photo by BGNES
French utility GDF Suez, which is already in talks to join the OAO Gazprom-led Nord Stream pipeline, would also be prepared to take a fresh look at the Nabucco pipeline project,
The announcement has been made Thursday by Chief Executive, Gerard Mestrallet, the Wall Street Journal reported.
"We could look again" at the Nabucco project, which Gaz de France was interested in before becoming part of GDF Suez, Mestrallet said.
However, he said the project is "very complex" and involves many transit countries.
The Nabucco pipeline project, which has the backing of the European Union, is designed to reduce Europe's dependence on Russian energy imports. Nabucco would bring gas from the Caspian, Central Asia and the Middle East to the heart of Europe.
There's "no question for the moment," of GDF Suez also having a look at joining the South Stream project, a third major pipeline project to pump gas to Europe, Mestrallet added.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Related Articles:
Bulgaria: Second Lowest Debt Relative to GDP in the EU for 2023
Eurostat data indicates that Greece (161.9%), Italy (137.3%), France (110.6%), Spain (107.7%), and Belgium reported the highest public debt-to-GDP ratios among EU member states by the conclusion of 2023
Macedonian Presidential Candidates Divided on Inclusion of Bulgarians in Constitution
The debate surrounding the inclusion of Bulgarians in North Macedonia's constitution, a crucial precondition for the country's European Union accession talks, has taken center stage in the ongoing presidential campaign
Moldovan Opposition Forms Bloc in Moscow, Challenges Pro-EU Agenda
Opposition parties critical of President Maia Sandu's pro-European stance have joined forces in Moscow, forming a pre-election bloc with ambitions to contest upcoming presidential elections and a pivotal referendum on EU membership
World | April 22, 2024, Monday // 10:04
EU Commissioner Johansson Evaluates Schengen Controls at Sofia Airport
EU Commissioner for Home Affairs Ylva Johansson conducted an inspection of border control measures at Sofia Airport, marking a significant step in Bulgaria's accession to the Schengen Area by air
Prime Minister Glavchev: Bulgaria Stands Firm with Ukraine
In a recent meeting of the European Council, Acting Prime Minister Dimitar Glavchev underscored Bulgaria's unwavering support for Ukraine amidst discussions surrounding the fight against disinformation and foreign manipulation of information
Politics | April 18, 2024, Thursday // 18:18
Bulgaria Boasts EU's Second Lowest Household Electricity Prices in H2 2023
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.
Bulgaria's Nuclear Regulatory Agency Approves Westinghouse Nuclear Fuel for Kozloduy NPP
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
Bulgargaz Anticipates Liquefied Gas Deliveries via Alexandroupolis Terminal In May
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
Greek Electricity Giant Acquires Bulgarian Solar Parks
The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
Oil Prices Surge Amid Middle East Tensions
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
Bulgargaz Loses 27% Market Share Due to Contract with 'Botas
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"
