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

Bulgarian energy regulator: Gas interconnector with Greece will not be ready until June 2022

Ivan Ivanov
Photo: BGNES

The Gas Interconnector Greece-Bulgaria through which gas should be delivered from Azerbaijan, will not be ready by the middle of 2022, said the chairman of the Bulgarian Energy and Water Regulatory Commission, Ivan Ivanov.

"We agreed on the request received from the company ICGB for extension of the term for commissioning of the interconnector from Greece's Komotini to Bulgaria's Stara Zagora until June 30, 2022. This is the foreseeable period during which the interconnector Nea Mesimvria - Siderokastro - Kulata will have to be used for alternative deliveries. And they are absolutely necessary for Bulgaria, because they can have a positive impact on consumers regarding the price of natural gas". 



The capacity for deliveries on the current interconnector is reserved only until September, Ivanov warned.



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

Zero VAT on flour and bread extended until end of 2024

MPs have agreed to extend the 0% VAT on bread and flour, which was due to expire on June 30, until the end of 2024. Under the GERB proposal, traders will be allowed to add a maximum of 15% profit margin on bread, but the proposal is limited to the most..

published on 4/30/24 6:09 PM

The price of natural gas is expected to fall in May

Bulgargaz expects the price of natural gas next month to be 5 to 6% lower as compared to April. During an open meeting at the Energy and Water Regulatory Commission, the initially proposed price of EUR29.12 per megawatt-hour was reduced to EUR28.36. The..

published on 4/29/24 12:44 PM
Bulgarian National Bank building

EUR 102 million in new debt will probably be taken out in mid-May

200 million Leva (over EUR 102 million) of new debt is expected to be taken out on 13 May this year, according to the Bulgarian National Bank website. This is the date on which an auction has been announced for 6-month treasury bonds with an annual..

published on 4/27/24 4:24 PM