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

Brussels initiates trilateral meeting on gas hub near Varna

Photo: library

At the initiative of Brussels in November a trilateral meeting between EC, Bulgaria and Russia is to discuss the realization of the Balkan gas hub near Varna, Deputy Prime Minister for Economic Affairs Tomislav Donchev has announced. It is expected that the meeting would focus on the legal scenarios that would make possible for the Russian gas supplies to reach the planned gas hub under the Black sea. According to the executive director of state company "Bulgartransgas," Georgi Gegov, a project company for the hub with options to include more foreign investors, will be created . He added that "Gazprom" is interested in the project, but expects legal guarantees from Brussels in connection with the implementation of the Third Energy Package. Russian President Vladimir Putin said he expected "concrete guarantees" in order to restart "South Stream" and it seems he would receive such guarantees at least when the sea route of the pipeline to Bulgaria is concerned.



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

Bulgarian Posts to receive €25m state aid approved by the EC

BGN 50 million (€25.51 million) will be granted to Bulgarian Posts postal operator, after the European Commission approved, under EU state aid rules, Bulgaria's plans to grant state aid to the company in order to restore its viability.  Bulgarian..

published on 7/2/24 4:50 PM
Korman Ismailov

Fear grips DPS, Korman Ismailov, former head of the youth organisation says

"Fear is shaking DPS. I'm talking about the apparatus," Korman Ismailov, former head of the youth organisation of the Movement for Rights and Freedoms (DPS), told BNR. According to him, the party, which came second in June's parliamentary elections,..

published on 7/2/24 4:16 PM

Eurostat: Unemployment in Bulgaria falls to 4.4%, EU average stabilises at 6.4

The euro area unemployment rate stabilised for the second consecutive month in May at 6.4%, the lowest level since 1998.  In Bulgaria the unemployment rate fell from 4.5% in April to 4.4% in May. Youth unemployment (under 25s) in the country is 14%...

published on 7/2/24 2:57 PM