Assoc. Prof. Atanas Georgiev, energy expert and professor at Sofia University, said in an interview for the Bulgarian National Radio that Bulgaria had to carry out legislation changes to allow natural gas free trade before it could claim a gas hub in its territory. He thinks such changes should be carried out in the coming one to two years.
Prof. Georgiev is optimistic about the Balkan gas hub project. The European Commission understands the idea that Bulgaria wants to diversify its supplies and to become an entry point for larger natural gas quantities than its national needs in order to improve the overall security of supplies in the Balkans, he said and commented another project for a gas pipeline – the one meant to connect Bulgaria, Romania, Hungary and Austria, and which would also help diversify supplies:
“This gas pipeline is also on the list of projects of common interest supported by the EC, including financial support. It cannot be more specific until it becomes known what the incoming quantities of gas are in Turkish and Greek territory, i.e. until we know what is happening with the Turkish Stream; until the Trans Adriatic and Trans Anatolian pipelines are operational and until it is seen what the options are for gas supplies, possibly from Cyprus or Greece.”
Bulgarian Finance Minister Temenuzhka Petkova will travel to Brussels to provide an update on Bulgaria’s progress towards euro area accession. The Finance Ministry has confirmed that Minister Petkova will participate in the Eurogroup meeting on 17..
Minimum temperatures on Monday will be between minus 4 and 1°C. In Sofia it will be around minus 3°C. The mercury will hover between -3 and 0 °C in the north. Maximum temperatures in southern Bulgaria will be between 2 and 7°C. In the capital it will..
The one-year anniversary of the death of Russian opposition leader Alexei Navalny was marked with a memorial service in Sofia's St Nedelya Cathedral. It was organised by the movement "For a Free Russia" - an association of Russian immigrants in..
Kristiyan Vladov and Stefan Kyurkchiev of the Plovdiv Museum of Natural History are working on a project to bring live fish from the southern Arctic..
Bulgaria’s Premier Rosen Zhelyazkov convened an emergency meeting at the Council of Ministers on Saturday dedicated to the issue of food prices...
Bulgaria's Minister of Foreign Affairs, Georg Georgiev, participated in a working breakfast dedicated to addressing illegal migration and its..
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