Iran Claims Israel Behind Gas Pipeline Explosions
An Iranian official has accused Israel of orchestrating an attack on gas pipelines in Iran last week
The Vertical Gas Corridor connecting the gas grids of Bulgaria, Greece, and Romania, will have a capacity of 3-5 billion cubic meters a year, according to reports of Greece’s Energy Ministry.
On Tuesday, the three countries agreed to build the Vertical Gas Corridor as an alternative to the South Stream gas pipeline project, according to the Bulgarian National Radio.
The sources of gas for the Vertical Gas Corridor will be the Greek Revithoussa LNG Terminal and the Trans Adriatic Pipeline AG (TAP), which is to carry Caspian gas.
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In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May
The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
Oil prices have surged due to renewed concerns about the Middle East conflict. Brent crude futures increased by 0.32% to 90.80 USD per barrel, while American WTI crude rose by 0.3% to 86.50 USD per barrel
Bulgaria's state-owned energy company, "Bulgargaz," has suffered a significant setback, losing 27% of its market share as a result of a contract with the Turkish company "Botas"
A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament
Natural gas prices in Europe experienced a significant spike, surpassing 2% to reach 29 euros per megawatt-hour (MWh) on Monday
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022