Send to Kindle
BGNES
The Federation Council of Russia has approved the law for the ratification of the agreement between the governments of Russia and Turkey on the Turkish Stream pipeline.
The agreement envisages the creation of a favourable normative and legal basis, including a tax and customs regime, for the design, construction and exploitation of the pipeline, stated Yuri Sentyurin, Russia’s Deputy Energy Minister.
Sentryuirin is responsible for the project in the Russian government.
Sentyurin explained that Turkish Stream is intended for the delivery of Russian gas to the territory of Turkey, as well as for Russian deliveries of blue fuel to EU member-states after 2019.
Sentyurin underlined that the new pipeline will not allow Russia to give up completely the transit of gas through Ukraine, but it will help “to considerably reduce the risks related to such transit”.
The agreement on Turkish stream was signed in Istanbul on October 10, 2016.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Eurostat data indicates that Greece (161.9%), Italy (137.3%), France (110.6%), Spain (107.7%), and Belgium reported the highest public debt-to-GDP ratios among EU member states by the conclusion of 2023
The US Senate has overwhelmingly approved a substantial aid package totaling 95 billion USD, aimed at supporting key American allies, including Ukraine, Israel, and Taiwan.
As Russia prepares to mark Victory Day, commemorating the Soviet Union's triumph in World War II, festivities are set to be scaled back for the second consecutive year due to security threats linked to the war in Ukraine and recent acts of terrorism
The debate surrounding the inclusion of Bulgarians in North Macedonia's constitution, a crucial precondition for the country's European Union accession talks, has taken center stage in the ongoing presidential campaign
Reports emerged last night of renewed Russian missile fire targeting the eastern Ukrainian city of Kharkiv, intensifying fears of escalating conflict in the region
Defense Minister Sergei Shoigu announced today that Russia will escalate strikes on Ukrainian storage bases housing weapons supplied by Western nations
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
Oil prices have surged due to renewed concerns about the Middle East conflict. Brent crude futures increased by 0.32% to 90.80 USD per barrel, while American WTI crude rose by 0.3% to 86.50 USD per barrel
Bulgaria's state-owned energy company, "Bulgargaz," has suffered a significant setback, losing 27% of its market share as a result of a contract with the Turkish company "Botas"
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
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
