Rheinmetall CEO: Securing NATO’s Eastern Flank Key as Bulgaria Hosts New Defense Plants
Armin Papperger, CEO of the German arms manufacturer Rheinmetall, stressed the critical importance of securing NATO’s eastern flank
The Greece-Bulgaria gas interconnection (IGB) has started test gas supplies, the project company ICGB AD told Trend news agency.
"We have started test deliveries with real quantities of natural gas, as planned. However, this is not the beginning of commercial exploitation," the ICGB said.
The IGB project is of key importance for increasing security of supply and for ensuring diversification of natural gas sources for Bulgaria and the region of Southeast Europe. At the regional level, IGB will provide access to the gas transmission network for Bulgarian municipalities and regions that have not had the opportunity for connectivity. The interconnector with Greece is an entirely new route for the transmission of natural gas to Europe and will provide Bulgaria and the region with access to supplies from new sources. The project will connect the country to the Southern Gas Corridor and has excellent synergies with other major energy projects such as TAP, TANAP, EastMed and the liquefied natural gas terminal in Alexandroupolis.
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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
The Bulgarian Parliament has approved a temporary ban on the export and intra-Community supply of petroleum products
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