Turkey Backs Mark Rutte for NATO Secretary General Role
Turkey has thrown its support behind outgoing Dutch Prime Minister Mark Rutte for the position of NATO Secretary General,
The Nabucco consortium is considering downsizing the eponymous natural gas pipeline to roughly the half of its capacity and proposing that it would only run between Bulgaria and Austria, a report says.
The new proposal is reportedly due to low gas volumes available at the moment in the region and little interest by investors.
However, the the original project is still officially on the table, The Wall Street Journal states, citing its own sources.
Christian Dolezal, spokesman for the Nabucco consortium, stated on Friday that several scenarios are still calculated, including different sizes in terms of capacity and length of the pipeline. He added that no final decisions have been made yet.
Nabucco was initially set to carry up to 31 billion cubic meters of natural gas per year from the Caspian region to Europe. It was expected to relieve Europe's dependence on Russian gas supplies.
The construction of the 4000-kilometer pipeline was set to start in 2013 and the first gas is to flow in 2017.
It was recently revealed that Turkey would no longer lend full support to the Nabucco gas pipeline project and would shift its priority to its own TANAP project
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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