HOT: » Which party would you vote for (if you could) in the upcoming snap vote in Bulgaria on April 19?
Send to Kindle
Proposed route of the future Trans Adriatic Pipeline TAP. Map from trans-adriatic-pipeline.com
An intergovernmental agreement on the Trans Adriatic Pipeline (TAP) project will be signed between Italy, Albania and Greece on Friday
This has been reported by international media citing an Italian government source, as quoted Azerbaijani news site Trend News.
"The signing is imminent, it will be done in New York," the source said, adding that the representatives of the three countries will attend a United Nations meeting.
The TAP project is designed to transport gas from the Caspian region via Greece and Albania and across the Adriatic Sea to southern Italy and further into Western Europe.
TAP's initial pipeline capacity will be 10 billion cubic metres per year, expandable to 20 billion cubic metres per year.
TAP's shareholders are EGL of Switzerland (42.5%), Norway's Statoil (42.5%) and E.ON Ruhrgas of Germany (15%).
Earlier this year the Shah Deniz consortium made TAP a priority route for export of Azerbaijani gas to Italy.
Currently, the Shah Deniz consortium considers two options to deliver its gas to Europe -TAP and Nabucco West. The final decision on a pipeline route will be made in 2013.
A criminal network linked to Bulgaria has been accused of defrauding dozens of elderly people in northern Greece through an elaborate telephone scam that resulted in losses exceeding 600,000 euros, according to Kathimerini.
The newly appointed Ambassador of the Republic of Azerbaijan to Bulgaria, H.E. Elmar Mammadyarov, has officially begun his diplomatic mission after presenting copies of his credentials to Deputy Foreign Minister Radi Naydenov at the Ministry of Foreign Af
Italian authorities have launched an investigation into a large-scale scheme involving the illegal export of hazardous waste to Eastern Europe, with five Bulgarian nationals among those under scrutiny
The United States is expanding shipments of liquefied natural gas to Southeast Europe and Ukraine via Greece, according to remarks by the US Ambassador to Athens, Kimberly Guilfoyle
Greece has raised its minimum monthly wage to 920 euros as of today, marking an increase from the previous level of 882 euros, according to official information
Greece has reportedly expanded its regional air defense involvement, including measures linked to the protection of Bulgarian airspace, amid heightened tensions in the wider Middle East following strikes involving the US, Israel and Iran
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
The second exploration drilling in the Krum-1 area of the Khan Asparuh block in Bulgaria’s Black Sea has also failed to identify commercially significant natural gas deposits, according to OMV Petrom
The Ombudswoman institution has voiced strong opposition to the proposed increase in heating prices in Sofia, which is expected to approach nearly 30 percent
The Energy and Water Regulatory Commission (EWRC) in Bulgaria has set the price of natural gas for April 2026 at 34.27 euros per megawatt-hour, excluding access, transmission, excise duties and VAT
Fuel prices in Bulgaria have recorded a sharp upward movement over the past month, with diesel showing the most significant increase, according to data from the Fuelo platform
Bulgargaz has defended its previously submitted proposal for a 5% rise in natural gas prices for April before the Energy and Water Regulatory Commission, with CEO Veselin Sinabov stressing that there is currently no justification for any further increases
Aniventure Comic Con Returns to Bulgaria with Star Guest Christopher Judge!
Global Fuel Shock: Oil Jumps Over 40% Since Iran War Began
