Polish Prime Minister Warns We Are In "Pre-War Era" Amid Russian Aggression
In a sobering assessment of the current geopolitical landscape, Polish Prime Minister Donald Tusk has sounded the alarm, cautioning that Europe is entering a "pre-war era"
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
There are Italian companies showing interest in the construction of both Nord Stream-2 and Turkish Stream, Russia's Deputy PM Arkadiy Dvorkovich has said.
"This is no secret, the company Saipem is taking part in the respective procedures carried out by Gazprom on Nord Stream and Turkish Stream," TASS quotes him as saying.
Turkish Stream is a gas pipeline project announced by Russian energy giant Gazprom as an alternative to South Stream (which would have supplied Central Europe with Russian gas via Bulgaria) in the winter of 2014. Construction was given the green light by Turkey in September, calling into question the chances for South Stream to be revived.
Turkish Stream was initially designed to have four threads, each with a capacity of 15.75 billion cubic meters (matching that of South Stream, which was projected at 63 bcm), but an agreement was only reached on building two of them initially.
Saipem, a subsidiary of Italian holding Eni, was also involved in South Stream, but pulled out after the demise of the project.
Nord Stream-2, for its part, is a controversial project that consists of a pipeline from Russia to Germany under the Baltic Sea and which is expected to be operational in 2019. Several EU member states have raised concerns over the project, which they do not deem compatible with the union's so-called Third Energy Package.
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A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament
Natural gas prices in Europe experienced a significant spike, surpassing 2% to reach 29 euros per megawatt-hour (MWh) on Monday
Amidst Ukraine's urgent need for additional power sources following the closure of the Russian-controlled Zaporizhzhia nuclear power plant
Bulgarian lawmakers have taken a significant step toward bolstering the nation's energy infrastructure by advancing cooperation with the United States for the construction of Units 7 and 8 at the Kozloduy Nuclear Power Plant
The Bulgarian Parliament has ratified the Agreement between the Government of the Republic of Bulgaria and the Government of the United States on cooperation regarding the construction of nuclear power at the Kozloduy Nuclear Power Plant
During a forum in Alexandroupolis, US Assistant Secretary of State for Energy, Jeffrey Payatt, highlighted the significance of a gas pipeline project through Bulgaria as the next pivotal step for energy development in the region
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022