Bulgaria Becomes Largest Importer as Turkey’s Gas Exports Soar
Turkey has significantly increased its natural gas exports, with a notable surge driven by the development of the Sakarya gas field in the Black Sea
Bulgarian Prime Minister Boyko Borissov on Thursday expected the progress of construction of the Gas Interconnector Greece-Bulgaria. "This is a geostrategic project for both Bulgaria and the entire region," the PM said, quoted by the Government Information Service. He admitted that the pandemic had slowed it down a bit but, "as agreed with our Greek partners, it must be put into commercial operation this year".
Energy Minister Temenouzhka Petkova said that the pipe manufacture and delivery contract has been performed. So far,
187 km of pipes have been delivered in both countries, the topsoil has been stripped off on over 170 km of the pipeline
route in Bulgaria, more than 128 km of the pipes delivered are on site, and over 101 km have been welded. Work continues on
digging the trench, laying the pipes and backfilling.
The gas pipeline is 182 km long, of which 151 km in Bulgaria and 31 km in Greece, with a design capacity of up to 3 billion cu
m/year, which may be increased to 5 billion cu m/year if there is market demand. It runs from Komotini (Northeastern Greece)
via Kurdjali, Haskovo and Dimitrovgrad to Stara Zagora (Southeastern Bulgaria).
National Assembly Chair Tsveta Karayancheva and Economy Minister Lachezar Borisov were also present at the inspection./BTA
Turkey has significantly increased its natural gas exports, with a notable surge driven by the development of the Sakarya gas field in the Black Sea
Elliott Investment Management, led by billionaire Paul Singer, is exploring the possibility of acquiring a stake in a set of Bulgarian infrastructure assets, which includes a key extension of the TurkStream gas pipeline
The liberalization of the electricity market for households — meaning that residential consumers would join the free electricity exchange where businesses have traded for years — is being postponed.
Turkey is advancing its energy strategy in the Balkans with new agreements aimed at deepening its influence in the region
The Energy and Water Regulatory Commission (EWRC) has approved the natural gas price in Bulgaria for May
Bulgaria is set to become the first European country to operate an AP1000 reactor, according to Energy Minister Zhecho Stankov, speaking at a symposium hosted by Westinghouse in Sofia
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase