The EU Energy Council has agreed that gas storage sites in the Community must be filled to at least 80% of their capacity by Nov. 1, 2022, and to 90% by Nov. 1 in subsequent years.
In the case of Bulgaria, which only has the Chiren gas storage facility, this means that it must be filled to 4.64 terawatt hours (TWh) for the coming winter and to 5.22 TWh for the winter of 2023.
During the meeting of the Council in Luxembourg, an agreement was signed between Bulgartransgaz EAD and the EU, under which the European Commission finances the expansion of the Chiren depot within the framework of the Connecting Europe Facility (CEF) with EUR 78 million, i.e. 80% of the price. The expansion will increase the storage volume at Chiren to one billion cubic metersand the daily production and injection capacities to 8-10 mcm.
Italian investors have shown interest in the concession and development of Plovdiv Airport as a passenger and cargo terminal. This became clear during a meeting between Plovdiv District Governor Hristina Yancheva and the Ambassador of Italy to..
On the threshold of the active summer season, which in this country is no more than two months – July and August, the tourism industry is relatively calm. Bookings are good and forecasts for a growth of 6% compared to last year at the..
This year will be the last in which Bulgarians receive their income in leva. In what currency will people declare their money to the tax authorities next year? This is one of the 221 questions about the euro that the Bulgarian National Bank (BNB)..
After months of low inflation and even temporary deflation in April this year, according to official national statistics, the trend..
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