The Greece-Bulgaria Interconnection started Test Gas Supplies
The Greece-Bulgaria gas interconnection (IGB) has started test gas supplies, the project company ICGB AD told Trend news agency
Bulgarian Deputy Prime Minister has said alternative options to have a Russian gas pipeline build under the Black Sea should be taken into account.
"I am not referring to a continuation of halted South Stream," Donchev has made clear. South Stream is an abandoned pipeline project that was to carry gas to Central Europe under the Black Sea via Bulgaria and Serbia.
He has reasserted the country's intention to become a Balkan "gas distribution center".
In an interview for public BNT broadcaster's morning program, Donchev has explained that the difficult word "diversification" implies the existence of "at least three independent natural gas sources" and the avoidance of situations like the one in 2009, when Eastern Europe was caught in a gas crisis following a dispute between Russia and Ukraine.
His comments follow the groundbreaking ceremony of the Trans-Adriatic Pipeline (TAP) in Thessaloniki, which he and Energy Minister Temenuzhka Petkova attended on Tuesday.
Donchev downplayed suggestions that TAP was an issue as "abstract" as it was to be connected with the Interconnector Greece-Bulgaria (IGB), which is also under construction at the moment.
He made clear Bulgaria was carrying out talks with Greece for the construction of a liquefied natural gas (LNG) terminal not far from the common border.
The Deputy PM added gas exploration in the Black Sea, which was about to begin soon, should be considered when thinking of the future energy mix.
For the ninth consecutive year (excluding 2022), the electrical industry remains the largest contributor to Bulgaria's exports, as reported by the Bulgarian Association of Electrical Engineering and Electronics (BASEL)
European natural gas prices have climbed above €55 per megawatt-hour for the first time in 16 months, driven by colder temperatures across the continent that are increasing demand for heating fuel
Serbian oil and gas company NIS, controlled by Russia’s Gazprom, is considering exiting its operations in Bulgaria and Romania due to ongoing difficulties in both markets
The Russian company Lukoil initiated the process of selling its Bulgarian assets in June last year, Prime Minister Rosen Zhelyazkov announced during a parliamentary hearing
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
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