Montenegro Confirms Commitment to EU Path, Seeks Bulgaria’s Support
Montenegro’s Minister for European Affairs, Majda Gorgević, reaffirmed in an interview with BGNES that Chinese investments do not threaten the country’s EU aspirations
Bulgaria is about to start construction a natural gas interconnection with Romania in a few weeks, according to Bulgarian Economy, Energy, and Tourism Minister Traicho Traikov.
The building of the Bulgarian-Greek gas interconnection will be started in the third quarter of 2012, Traikov told BTA Sunday.
Bulgaria moved to link its natural gas grid to that of its neighbors after the January 2009 gas war between Russia and Ukraine, which cut off the Russian gas supplies to Bulgaria for full three weeks leaving it without natural gas in the middle of the winter. The gas crisis of 2009 exposed Bulgaria's almost 100% dependence on Russian natural gas.
Bulgaria's Energy Minister further explained he expected to sign a memorandum with Turkey's Ministry of Energy and Natural Resources, which will cement Turkey's political commitment to the project for a Bulgarian-Turkish gas interconnection.
He said Bulgaria will probe the opportunities for EU funding for the gas link to Turkey, at least with respect to the part of the future pipe that will be located on a Bulgarian territory.
Traikov reminded that the European Commission has already approved EUR 9 M in co-funding for the Bulgaria-Romania gas interconnection, and EUR 45 M for the Bulgaria-Greece gas interconnection, and another EUR 2.5 M for the feasibility study and application form for the Bulgaria-Serbia gas interconnection.
In February 2011, the European Council decided that each EU member state should have at least two sources of natural gas and electricity by 2014 in order to avoid a repetition of the Russian-Ukrainian gas crisis.
Bulgaria has taken a significant step toward exploring its deep-sea energy potential
The two nuclear reactors from Bulgaria's Belene Nuclear Power Plant will not be sold to Ukraine
A contract for the exploration and extraction of oil and natural gas in Block 1-26 Khan Tervel, located within Bulgaria’s exclusive economic zone in the Black Sea, is being officially signed today
Bulgaria is exploring the possibility of leveraging its nuclear power capabilities to attract the IT sector, particularly in the field of artificial intelligence (AI) and data centers
Bulgaria is intensifying efforts to enhance regional energy security through the development of strategic infrastructure aimed at reducing dependence on Russian gas
The final shipment of Russian nuclear fuel for Bulgaria's Kozloduy Nuclear Power Plant has arrived
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