School Shooting in Turkey: 16 Injured as Gunman Takes Own Life
A shooting at a school in southeastern Turkey left 16 people injured after a former student opened fire before taking his own life, according to local authorities.
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German energy company RWE has said that it might abandon the Nabucco gas pipeline project.
"We are looking at the project to see if our commercial and strategic goals are still respected," an RWE spokesperson stated on Monday, as cited by international media.
A report had already emerged in Der Spiegel that company executives have been preparing politicians for the possibility RWE may exit the project.
In April, it was made clear that Hungarian energy company MOL is ready to sell its stake in the Nabucco natural gas pipeline project.
Nabucco, a joint venture of Mol, RWE AG (RWE), Vienna- based OMV AG (OMV), Bulgaria's Bulgargaz EAD, Romania's Transgaz SA and Ankara- based Boru Hatlari ile Petrol Tasima AS, or Botas, may be scaled down and linked up with the Trans-Anatolia Pipeline, known as Tanap, at the EU's southern border.
Nabucco was initially set to carry up to 31 billion cubic meters of natural gas per year from the Caspian region to Europe. It was expected to relieve Europe's dependence on Russian gas supplies.
The construction of the 4000-kilometer pipeline was set to start in 2013 and the first gas was expected to flow in 2017.
Acting Energy Minister Traycho Traykov said Bulgaria should not tap into its 90-day fuel reserves to ease prices, stressing that they must remain a safeguard in case of an actual supply disruption
Bulgaria has secured a six-month extension of the Lukoil waiver, following a decision by the US Treasury Department’s Office of Foreign Assets Control (OFAC)
Energy expert Boyan Rashev has warned that Europe could be moving toward what he described as an “energy lockdown” scenario if fuel supply pressures continue to worsen
Fuel prices in Bulgaria have continued to edge upward, with diesel and gasoline both registering increases in the days following the Easter holiday
The president of the Confederation of Bulgarian Trade Unions, Plamen Dimitrov, has warned that inflation in Bulgaria is likely to exceed earlier projections, even if fuel prices begin to decline
Bulgaria’s fuel market has recorded a sharp upward shift since the outbreak of the war in Iran, with diesel and petrol prices rising significantly across the country
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