Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria reaches agreement on doubling capacity via LNG terminal at Alexandroupoli

Photo: BGNES

“An agreement in principle has been reached to double the capacity which Bulgaria has in the LNG terminal under construction at Alexandroupoli,” caretaker Energy Minister Rossen Hristov said after a meeting in which, together with President Rumen Radev, he discussed, with representatives of the companiesGastrade and Copelouzos Group, ways to increase the amounts of natural gas Bulgaria will import via Greece from Alexandroupoli.The meeting was attended also by caretaker PM Galab Donev and the managements of Bulgargaz and Bulgartransgaz. The increase agreed upon is from 500 million cubic metres of gas annually to 1 billion cubic metres.

Rumen Radev stated it was extremely important that the terminal be constructed on schedule and that it connects the two countries as of 1 October. Kostis Sifnaios, representing Gastrade stated that Bulgaria will be a priority in reserving capacities, and affirmed that the project will be implemented according to plan.

“Bulgaria is a shareholder in the terminal with 20% and has reserve capacity for the next 10 years. This project is crucial to the strategic partnership between Bulgaria and Greece, but also for guaranteeing the economic stability of the Balkans, Central and Eastern Europe by attaining real diversification, reliability of the deliveries and competitiveness,” President Radev said during the meeting. He pointed out further that it is important to Bulgaria to be included in the administration of port Alexandroupoli. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Stormy winds, highs ranging from 6 to 20 degrees

On Friday, the wind from the south will increase and will be moderate and strong, near the northern slopes of the mountains of southern Bulgaria stormy wind is expected Clouds will be patchy, significant over the western areas, but will quickly begin..

published on 11/21/24 7:35 PM

A shortage of electricity is expected at the beginning of next year

According to an analysis by the Electricity System Operator, a shortage of electricity is expected as early as January and February next year. At a thematic conference organized by the Center for the Study of Democracy in Sofia, Delyan Dobrev from..

published on 11/21/24 6:09 PM

Vice President Iliana Iotova: "Because of the changes in the Constitution, MPs are unable to elect Parliamentary Speaker"

Vice President Iliana Iotova pointed out that the changed texts in the Constitution have turned against their creators.  Yotova told journalists that "because of these changes in the Constitution, the Speaker of the National Assembly cannot be..

published on 11/21/24 4:45 PM