Bulgartransgaz picks two consortia for Vertical Gas Corridor expansion
Bulgarian state-owned gas transmission operator Bulgartransgaz said that it selected two consortia in a 586.7 million levs ($325.3 million/300 million…
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EU’s moving away from coal and gas will be costly
Europe is trying to move away from coal and to make the transition to green energy in a period four…
EC approves a measure of 16 mln. euro for the expansion of the Chiren gas storage
The European Commission approved on Tuesday, in accordance with the EU rules on state aid, a measure adopted by Bulgaria…
Bulgaria: If there are sanctions for Russian nuclear fuel, gas consumption should also be sanctioned
If there are sanctions on countries that use Russian nuclear fuel, there should also be sanctions on those that consume…
Bulgaria to double its gas storage volume
The project will be financially supported by the European Commission and by 2025, the country hopes to have a new…
Bulgaria, Greece, Romania, and Hungary agree for the grid interconnection to enable bi-directional flows of natural gas
A Memorandum of Understanding (MoU) was signed between DESFA (Greece), Bulgartransgaz (Bulgaria), FGSZ (Hungary), Transgaz (Romania), ICGB (Bulgaria) and Gastrade…
Bulgaria: 78 mln. euro EU grant to expand gas storage facility
A project to expand the underground gas storage facility in Chiren, northwestern Bulgaria, will be funded with a 78 million…
A new contract between Transgaz and Gazprom is in the final phase
Transgaz announced the completion, on Sunday at 16:15, of the works on the company’s most important investment project, worth almost…
Gazprom has taken over most of Bulgarian gas transit pipelines
Gazprom has taken over the most important border points of Bulgarian transit pipelines, without having to pay billions of euros…
Bulgartransgaz buys 20% of Gastrade, gets involved in the Alexandroupolis LNG Terminal
The Greek company Gastrade SA announces the signing of the agreement for the acquisition of 20% of its share capital…
Bulgartransgaz set to acquire 20% interest in Greek LNG terminal
Bulgaria’s government said on Wednesday that it has issued approval to gas transmission system operator Bulgartransgaz to acquire 20% interest…
Natural gas price drops in Bulgaria by 5%
The price of Russian natural gas for Bulgarian consumers will go down about 5% due to a change in the…
Bank funding of 200 mln. euro for Balkan Stream
Bank financing was provided for the construction of Balkan Stream in the form of a secured loan of EUR 200…
By February 2020, Transgaz wants to set up the company that will operate the Romanian gas hub
Transgaz has signed a cooperation agreement with the Austrian Central European Gas Hub AG – CEGH to establish the gas…
Bulgaria takes 140 mln. cm of gas from US, announces Greece pipe works
Bulgaria has negotiated a new 140 million cubic meters of gas other than Russian supplies of the fuel. This was…
Bulgartransgaz changed the consortium which will build “Turkish Stream” through Bulgaria
Bulgartransgaz changed the consortium, which will build “Turkish Stream” through Bulgaria. The reason – the previous favourite did not submit…
Three groups bid to build $1.6 billion gas pipeline in Bulgaria
Three consortiums have submitted bids in a 1.4 billion euro ($1.6 billion) tender to build a pipeline to carry Russian…
EC fines BEH Group € 77 million for blocking access to key natural gas infrastructure in Bulgaria
The European Commission has fined Bulgarian Energy Holding (BEH), its gas supply subsidiary Bulgargaz and its gas infrastructure subsidiary Bulgartransgaz…
Valentin Kunev (BBSPA): With gas projects, it is about evolutionary rather than revolutionary changes
Balkan and Black Sea Petroleum Association BBSPA held recently its annual conference in Bucharest, a two days event with over…
Bulgaria on collision course with EU in gas monopoly case
At a secret session on Saturday (24 November), the Bulgarian Parliament decided not to recognise the European Commission’s positions with…
Gas price in Bulgaria to hike by 30%, over the average price in Romania
Bulgaria’s Energy and Water Regulatory Commission (EWRC) will likely approve a 29.63% gas price hike as of April 1, writes…