Accompanied by Dan Jørgensen, the European Commissioner for Energy, Stankov inspected Lot 3 of the project — the section running from the village of Rupcha to the village of Vetrino. This major infrastructure project will connect Greece, Bulgaria, Romania, Moldova, Ukraine, Hungary and Slovakia, enabling Bulgaria to transport larger volumes of gas in multiple directions.
The minister emphasised that the project will double the capacity at Bulgaria’s exit point to Romania, increasing it from 5 to 10 billion cubic metres.
Vladimir Malinov, CEO of grid operator Bulgargaztrans, emphasised the importance of the corridor at a time when Europe is moving away from Russian gas and will ultimately depend on liquefied natural gas from the US and other sources, including the Caspian region.
Bulgaria wants to continue investing in nuclear energy after more than 50 years of experience in the sector, Energy Minister Zhecho Stankov said on Wednesday. About 70% of Bulgarians support the move, Stankov told a Bulgarian-Korean energy..
The Russian oil company Lukoil has announced that it has accepted an offer from the Swiss Gunvor Group to acquire the international assets of LUKOIL International GmbH . Lukoil's subsidiary owns all of the group's assets abroad. Lukoil has..
MPs elected GERB's Kostadin Angelov as deputy speaker of parliament. 132 MPs voted "for", 53 voted "against" and 11 abstained. Angelov replaces GERB's Raya Nazaryan, who was elected speaker of parliament after previous parliamentary speaker Natalia..
The Russian oil company Lukoil has announced that it has accepted an offer from the Swiss Gunvor Group to acquire the international assets of LUKOIL..
The ruling parties GERB-SDS, BSP-United Left and ITN signed an annex to their coalition agreement, specifying the rules for the rotation of the Speaker..
The National Assembly has rejected President Rumen Radev's veto on changes to the State Intelligence Agency Act (SIA) and the State Agency Technical..
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