News

From Bulgaria Bookmark and Share

07.09.2017 15:10
Bulgaria, Greece, Serbia to Cooperate for Regional Gas Market Liberalisation
“We are convinced that Greece and Serbia will play a vital part in the construction of the European gas hub Balkan”, Bulgarian energy minister said following a meeting with Greek, Serbian counterparts
AUTHOR: Lyudmila Zlateva


  • © Bulgarian Ministry of Energy

Bulgaria, Greece and Serbia will be cooperating on gas projects that would increase security of supply in the region. Bulgarian energy minister Temenuzhka Petkova and her Greek and Serbian counterparts Giorgos Stathakis and Aleksandar Antic met on Thursday in Alexandroupoli, Greece, during an oil and gas forum, to discuss gas sources diversification for the region, the Bulgarian energy ministry said in a statement.

Minister Petkova said that talks are underway with the European Commission so that additional financing for the Greece – Bulgaria gas interconnector (IGB) could be made available. At European Union level, the IGB Project has already obtained consistent political and financial backing. The project is subject of EU financial support through the European Energy Program for Recovery (EEPR) to the amount EUR 45 million.

The three ministers also discussed the planned Vertical Gas Corridor, the Alexandroupoli LNG terminal and the Bulgaria – Serbia gas interconnector, along with another planned mega project – Bulgaria’s Balkan gas hub, with minister Petkova calling it a “European project”.

“We are convinced that Greece and Serbia will play a vital part in the construction of the European gas hub Balkan”, Petkova said.

The Balkan gas hub has been announced by Bulgarian PM Boiko Borissov a few years ago, with more agitation around it recent months, leading up to its presentation to U.S. congressmen by Borisov himself in end-August. Use of South Stream gas pipeline infrastructure and a direct link to its subsituting project - the Turk Stream, have all been launched as ideas for the Balkan gas hub realisation. The project has been reported to have the blessing of the European Commission for Russian gas to flow towards it.


TAGS: Bulgaria | Balkan gas hub | Serbia | Greece | IGB | gas interconnector | energy 


All news from Bulgaria

No published comments
Login to comment


Interview

20.03.2022  Teodor Bobochikov, Managing Partner, V-Ridium
Energy Transformation – Trends and drivers
Full text

Events

No records in this category!

Poll

What kind of transport do you use to get to work?











 



We use cookies to ensure we give you the best browsing experience on our website. Find out more on how we use cookies and how you can change your settings.

Cookies

What are cookies ?

A cookie is a small text file that a website saves on your computer or mobile device when you visit the site. Cookies are widely used in order to make websites work, or work more efficiently, as well as to provide information to the owners of the site.

How do we use cookies?

Website use Google Analytics, a web analytics service provided by Google, Inc. ("Google") to help analyse the use of this website. For this purpose, Google Analytics uses"cookies", which are text files placed on your computer.

The information generated by the cookies about your use of this website - standard internet log information (including your IP address) and visitor behaviour information in an anonymous form - will be transmitted to and stored by Google including on servers in the United States. Google will anonymize the information sent by removing the last octet of your IP address prior to its storage.

According to Google Analytics terms of service, Google will use this information for the purpose of evaluating your use of the website and compiling reports on website activity.

We not use, and not allow any third party to use the statistical analytics tool to track or to collect any personally identifiable information of visitors to this site. Google may transfer the information collected by Google Analytics to third parties where required to do so by law, or where such third parties process the information on Google`s behalf.

According to Google Analytics terms of service, Google will not associate your IP address with any other data held by Google.

You may refuse the use of Google Analytics cookies by downloading and installing Google Analytics Opt-out Browser Add-on. The add-on communicates with the Google Analytics JavaScript (ga.js) to indicate that information about the website visit should not be sent to Google Analytics.

Cookies are also used to record if you have agreed (or not) to our use of cookies on this site, so that you are not asked the question every time you visit the site.

Google Analytics Opt-out Browser Add-on

How to control cookies?

You can control and/or delete cookies as you wish. You can delete all cookies that are already on your computer and you can set most browsers to prevent them from being placed.

All about cookies

Managing cookies in your browser

Most browsers allow you to:
  • see what cookies you have got and delete them on an individual basis
  • block third party cookies
  • block cookies from particular sites
  • block all cookies from being set
  • delete all cookies when you close your browser

If you chose to delete cookies, you should be aware that any preferences will be lost. Also, if you block cookies completely many websites (including ours) will not work properly and webcasts will not work at all. For these reasons, we do not recommend turning cookies off when using our webcasting services.
X
} catch(err) {}