Slovakia Resumes Russian Gas Imports via TurkStream
On February 1, Slovakia resumed importing Russian gas via the TurkStream pipeline
Bulgaria's Prime Minister Boyko Borisov has asserted the country is "actively working" tomake sure "everything" that regards gas transportation is fully state-owned.
Borisov made his remarks at a Tuesday ceremony marking the successful reconstruction and renovation of a gas compressor station in the town of Ihtiman, not far from the capital Sofia, was officially reopened on Tuesday.
The gas transportation network of Bulgaria will be a "key asset" in negotiations to set up a gas hub in the country, Borisov argued. After the demise of South Stream, a pipeline project which was set to supply Southeastern and Central Europe with gas via Bulgaria, was abandoned, his government has been promoting the idea to establish a gas distribution center in the country.
Some 20-30 billion cubic meters of gas could be transited via Bulgaria through the interconnections with Greece, Turkey and Macedonia when they are finished and after the gas depot in Chiren (NW Bulgaria) is expanded, the PM added.
The repair is worth BGN 34 M and was needed to comply with EU environmental requirements Investor.bg quotes gas transportation company Bulgatransgaz's CEO Georgi Gegov as saying at the ceremony. Six other gas compressor stations are to be reopened in the next few weeks.
For the entire gas transportation network, reconstruction works will cost to the tune of BGN 204 M.
"We do all of this to be competitive and when I sit at the negotiation table the region's best gas transportation system is behind me with billions invested in in, so that we can stand up for our position that Bulgaria should be a gas distribution center," Focus News Agency quotes Borisov as saying.
Ukraine's parliament, the Verkhovna Rada, has passed a law allowing the purchase of two Russian-made nuclear reactors originally intended for Bulgaria's Belene Nuclear Power Plant
Ukraine's parliament has given the green light for the acquisition of two nuclear reactors initially intended for Bulgaria's Belene Nuclear Power Plant (NPP)
For the ninth consecutive year (excluding 2022), the electrical industry remains the largest contributor to Bulgaria's exports, as reported by the Bulgarian Association of Electrical Engineering and Electronics (BASEL)
European natural gas prices have climbed above €55 per megawatt-hour for the first time in 16 months, driven by colder temperatures across the continent that are increasing demand for heating fuel
Serbian oil and gas company NIS, controlled by Russia’s Gazprom, is considering exiting its operations in Bulgaria and Romania due to ongoing difficulties in both markets
The Russian company Lukoil initiated the process of selling its Bulgarian assets in June last year, Prime Minister Rosen Zhelyazkov announced during a parliamentary hearing
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