The LNG terminal near the Greek town of Alexandroupolis has officially srarted commercial operations today, the Greek company Gastrade announced. The facility features state-of-the-art technology with a maximum regasification capacity of 5.5 billion cubic meters per year. A total of 14 Greek and international companies are participating in the project, committing almost all of the terminal's capacity until at least 2030.
The volumes from the LNG terminal can provide natural gas supplies to Greece, Bulgaria, Romania, North Macedonia and Serbia, as well as to Moldova and Ukraine to the east, and Hungary and Slovakia to the northwest. BTA recalls that the Bulgarian gas transmission operator Bulgartransgaz is a shareholder in the LNG terminal with a share of 20%.
No disruptions or price increases are expected on Bulgaria’s fuel market following the US sanctions imposed on Russian oil companies Rosneft and Lukoil, Bulgarian Petroleum and Gas Association Chairman Svetoslav Benchev told BTA. "For now, I..
The annual growth of Bulgaria's gross domestic product will remain above 3% in the period 2025-2027 , according to a report by commercial credit insurer Allianz Trade, BTA reports. According to Allianz this means that the Bulgarian economy will become..
With the introduction of the euro on January 1, Bulgaria will benefit from the stability, liquidity and all the advantages of the common currency, European Central Bank President Christine Lagarde said in an interview with public service..
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