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,
German energy company RWE has said that it might abandon the Nabucco gas pipeline project.
"We are looking at the project to see if our commercial and strategic goals are still respected," an RWE spokesperson stated on Monday, as cited by international media.
A report had already emerged in Der Spiegel that company executives have been preparing politicians for the possibility RWE may exit the project.
In April, it was made clear that Hungarian energy company MOL is ready to sell its stake in the Nabucco natural gas pipeline project.
Nabucco, a joint venture of Mol, RWE AG (RWE), Vienna- based OMV AG (OMV), Bulgaria's Bulgargaz EAD, Romania's Transgaz SA and Ankara- based Boru Hatlari ile Petrol Tasima AS, or Botas, may be scaled down and linked up with the Trans-Anatolia Pipeline, known as Tanap, at the EU's southern border.
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 was expected to flow in 2017.
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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