Increase in Israeli Tourists Expected in Bulgaria After Gaza Ceasefire
Israeli Ambassador to Bulgaria Yossi Levi-Sfari expects an increase in Israeli tourists to Bulgaria following the recent Gaza ceasefire
Bulgartransgaz and Transgaz, the gas transmission operators of Bulgaria and Romania, have signed a contract with Austria’s Habau PPS Pipeline Systems SRL for the construction of the last section of a gas gas link between the two southeast European countries.
"The completion of the interconnector opens a new page in Bulgaria’s energy sector,” the country’s Energy Minister Temenuzhka Petkova said at the signing ceremony in Sofia on Wednesday, according to a statement from the ministry.
The 2.1-km long pipeline section under the Danube river has to be completed in four months. The maximum design capacity of the 25-km long pipeline will be 1.5 billion cubic meters gas per year from Bulgaria to Romania and 500 million cubic meters in the opposite direction. In February, Habau won a tender to build the section under the Danube at a cost of EUR 4.577 M free of VAT.
"We hope that after four months Bulgaria will have its first interconnector link operational,” Petkova said. “This is a step toward bringing to life the principles of Europe’s Energy Union – security and sustainability of supply, competitiveness and affordable energy for consumers.”
In 2023, 10.6% of the population in the European Union reported being unable to keep their homes adequately warm
The Bulgarian government has announced a program to compensate businesses and non-household electricity subscribers for high energy costs until the end of March
Energy experts and economists have urged the Bulgarian government to consider purchasing the Lukoil refinery in Burgas
Azerbaijan has resumed natural gas supplies to Bulgaria under its long-term contract with Bulgargaz, the Bulgarian company announced
The Ukrainian parliament has approved the purchase of two Russian nuclear reactors that were originally intended for the Belene Nuclear Power Plant (NPP) in Bulgaria
In 2024, Bulgaria’s electricity sector faced significant challenges, with a sharp decline in exports and a rise in domestic consumption
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