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

Bulgaria joins the project for the construction of a submarine electric cable in the Black Sea

Energy Minister Rosen Hristov
Photo: Ministry of Energy-archive

Bulgaria is joining the project for the construction of a submarine electric cable in the Black Sea, caretaker Minister of Energy Rosen Hristov said after a meeting of the steering committee for the construction of the green energy corridor from Azerbaijan to Hungary. According to the project, a submarine electricity cable is to transport green electricity from Azerbaijan to Hungary via Georgia, the bottom of the Black Sea and Romania. The participating countries greenlighted Bulgaria to join the project.

 Minister Hristov also pointed out that the possibility of Gazprom to demand and win an arbitration case against Bulgaria is minimized. “We are waiting to receive the lawyers' report to assess whether the Bulgarian company can file a lawsuit against Gazprom Export”, said Rosen Hristov




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

Businesses expect the authorities to streamline the process of importing of foreign workers

The demographic crisis in this country is advancing at a rapid rate, holding back the development of businesses, but this is a tendency observed in other countries as well. Because of their good qualifications, Bulgarian workers find work in many..

updated on 6/14/24 12:03 PM

The World Bank lowers Bulgaria's GDP growth forecast by 0.3%

The World Bank predicts a more moderate improvement in Bulgaria's economic growth in 2024 and 2025. In its latest report "Global Economic Prospects" the institution expects a slight acceleration in Bulgaria's GDP growth from 1.8% in 2023 to 2.1% in..

published on 6/12/24 10:48 AM
Dimitar Glavchev (L) and Jeyhun Bayramov (R)

Bulgaria is interested in joining as a co-shareholder in a green energy corridor from Azerbaijan to Europe

Bulgaria is interested in participating as a co-shareholder in the initiative to create a "green" corridor for the transmission of "green" energy produced in Azerbaijan to Europe, caretaker Premier Dimitar Glavchev said at a meeting in Berlin with the..

published on 6/11/24 5:26 PM