Earthquake Activity Persists on Greek Island of Euboea; Schools Remain Closed
The Greek island of Euboea continues to experience a series of earthquakes
"Bulgaria is building its gas transmission highway - East-West, North-South. Yesterday people saw nearly 500 km of the East-West gas pipeline, today they have the opportunity to see North-South. This is where independence will come from. This was stated by the Prime Minister Boyko Borissov during an inspection of the progress in the construction of the Greece-Bulgaria interconnector on the territory of the districts of Stara Zagora and Haskovo.
"From Ukraine to Greece, what we are doing now is 100% diversification. This is the dream of many generations of Bulgarians. This is where the Azeri gas will come from, this is where the liquefied gas will come from, "said Prime Minister Borissov. He pointed out that all those who oppose diversification are currently in favor of the government's resignation. "If we do not push this project with all our might, it will not exist," Boyko Borissov stressed. The Minister of Energy Temenujka Petkova also took part in the inspection of the construction of the interconnector.
The entire route of the Greece-Bulgaria interconnector is 181 km as 151 km are on Bulgarian territory, the rest - on Greek. The cost of the project is 240m euros, of which 110m euros have been provided by the Bulgarian government. Separately, EUR 39 million has been allocated for this purpose under the Operational Program "Innovation and Competitiveness" and EUR 45 million grant under the Connecting Europe Facility.
"This will be an extremely important infrastructure project not only for Bulgaria, but for the whole region, it will give us the opportunity to have a real diversification of the source of natural gas supply," said Minister Petkova. She informed Prime Minister Borissov that 130 people were working on the route and that all efforts were being made on the Bulgarian side to complete the linear part of the project by the end of the year.
120 km of pipes have been produced for the construction of the interconnector, of which 110 km have been delivered to Bulgaria.
During the inspection, Prime Minister Borissov met with mayors of municipalities in the Haskovo region along the Maritsa River. They reported to the Prime Minister that domestic water supply had been restored in the region and thanked the Prime Minister for his support.
Prime Minister Borissov also pointed out that all important infrastructure projects in the country continue to be implemented - highways, gas pipelines, treatment plants are being built with the help of which the Black Sea coast is clean and encouraged mayors to prepare local projects for even better improvement of municipalities./NovaTv
Westinghouse Electric Company has strengthened its Bulgarian supply chain for the Kozloduy AP1000® project, signing memoranda of understanding with seven Bulgarian companie
The European Bank for Reconstruction and Development (EBRD) has invested €50 million in the first bond issuance by Bulgaria's Eastern Europe Electric Company (EEEC)
Turkey has significantly increased its natural gas exports, with a notable surge driven by the development of the Sakarya gas field in the Black Sea
Elliott Investment Management, led by billionaire Paul Singer, is exploring the possibility of acquiring a stake in a set of Bulgarian infrastructure assets, which includes a key extension of the TurkStream gas pipeline
The liberalization of the electricity market for households — meaning that residential consumers would join the free electricity exchange where businesses have traded for years — is being postponed.
Turkey is advancing its energy strategy in the Balkans with new agreements aimed at deepening its influence in the region
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