Bulgaria Tops Europe in Black Caviar Exports
Bulgaria has emerged as Europe’s top exporter of black caviar, according to Assoc. Prof. Violin Raykov from the Institute of Oceanology at the Bulgarian
Photo by BGNES
US diplomats are working in Greece to make sure the interconnector project between Athens and Sofia will be carried out, the Bulgarian National Radio has said.
"The interconnector with Bulgaria is a priority for Greece's energy policy as well," BNR's correspondent in Athens quotes Greek Energy Minister Skourletis as telling lawmakers in Parliament.
US energy envoy Amos Hochstein, who earlier this year visited Bulgaria, is in Greece on Wednesday and is set to meet Skourletis, in a trilateral meeting that is also to be attended by his Bulgarian counterpart Temenuzhka Petkova.
While visiting Bulgaria in January, US Secretary of State John Kerry asserted that the United States would put in effort to make sure the gas link project will be carried out and will be granted EU funding, for the sake of Bulgaria's energy diversification.
With early elections and the peak of the debt crisis in Greece this summer, alongside developments on the so-called "Turkish Stream" pipeline project, agreements on the Interconnector Greece-Bulgaria (IGB) were not signed in July as it was initially envisaged.
Bulgaria has been working for years to build interconnections with neighboring states, but the bilateral projects are either yet to begin or have come to a halt.
Once connected with Greece's energy system, Bulgaria will be able to receive gas from the Trans Adriatic Pipeline, which is set to carry gas from Azerbaijan via Turkey, Greece and Albania to Italy.
Bulgaria has officially secured a 10 per cent stake in a consortium engaged in oil and gas exploration in the Black Sea, becoming a direct investor in the development of the country’s offshore energy resources.
Bulgargaz has submitted a proposal to the Energy and Water Regulatory Commission (EWRC) for a nearly 4 percent increase in natural gas prices starting February.
Energy Minister Zhecho Stankov has firmly rejected claims by former Finance Minister Asen Vassilev from "We Continue the Change" that Bulgaria’s inflation is driven by high household electricity prices
The U.S. Department of State, the University of National and World Economy (UNWE), and Bulgarian Energy Holding (BEH) yesterday concluded two seminars on stakeholder engagement and industrial applications of small modular reactors (SMRs)
Washington has prolonged the validity of a US license allowing negotiations for the sale of foreign assets owned by the Russian oil major Lukoil, extending it until February 28
Bulgaria is set to take an active role in oil and gas exploration in the Black Sea, joining forces with international energy companies OMV and NewMed, outgoing Energy Minister Zhecho Stankov announced
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