Bulgartransgaz Under European Scrutiny for Controversial Gas Agreement
This morning, the European Prosecutor's Office gained access to the gas operator "Bulgartransgaz" with the assistance of local police
Kiril Temelkov, CEO of state-owned gas transmission operator Bulgartransgaz, photo by dariknews.bg
A procedure for filling the entire capacity of the Ruse-Giurgiu section of the Bulgaria-Romania gas grid interconnection, which is currently being built, will be announced in May, according to Kiril Temelkov, CEO of state-owned gas transmission operator Bulgartransgaz.
Bulgaria's Bulgartransgaz and Romania's Transgaz are implementing the project which is to allow a diversification of gas supply sources away from Russia's Gazprom.
Stressing the importance of the energy diversification project, Temelkov, as cited by mediapool.bg, reminded that the gas grid interconnection had been granted co-financing of EUR 8.9 M by the European Commission
Temelkov argued that the construction of the gas grid interconnection proceeded according to an optimized schedule after a discovery of a necropolis on the route of the Bulgarian overland section near the Danube town of Marten in end-2012 delayed the activities.
The CEO of Bulgartransgaz informed that the construction works for the 2.5km undersea section of the pipe had started in March and the pipe was actively being built, with plans to launch the gas grid interconnection in mid-2013.
He said that the search for suppliers of natural gas for the pipe was expected to start with the launch of the so-called open season.
Temelkov noted that the launch of the open season would be preceded by an approval by the State Commission for Energy and Water Regulation (DKEVR) of Bulgartransgaz' rules regulating access to Bulgaria's gas grid and the company's internal rules on holding open seasons.
He informed that the pipe would have different capacities for gas transmission from Romania to Bulgaria and in the opposite direction.
The CEO of Bulgartransgaz said that the gas link would have a maximum capacity of 1.5 billion cubic meters of gas per year in the direction from Bulgaria to Romania, while the minimum capacity in the direction from Romania to Bulgaria would be 500 million cubic meters of gas per year.
He added that gas suppliers had already shown interest in using the Bulgaria-Romania gas grid interconnection.
Bulgaria could face uncertainty in fuel supplies in the coming months, warned Radoslav Ribarski
Bulgaria’s government is moving quickly to introduce legislation that would allow the appointment of a special state manager to oversee the operations of Lukoil in the country.
Police in Stara Zagora, Bulgaria, have uncovered an organized criminal group responsible for siphoning large amounts of fuel from a Lukoil pipeline located south of the city.
The European Commission has urged Bulgaria to move faster on expanding the capacity of the Chiren gas storage facility
Former Energy Minister Alexander Nikolov has warned that Bulgaria could face substantial economic losses due to the recent parliamentary decision to ban Lukoil from exporting diesel and aviation fuel
Bulgaria is holding consultations with Washington to explore the possibility of obtaining a temporary exemption from the new US sanctions imposed on Russian oil companies, including Lukoil
Bulgaria's Strategic Role in the EU's Drone Wall Defense Initiative
When Politics Means Violence