Text size

First LNG delivery from the Alexandroupolis terminal arrives in Bulgaria

published on 10/3/24 3:39 PM

Photo: Gastrade/BTA

Bulgaria has today received its first delivery of natural gas from the new Alexandroupolis terminal in Greece. The facility has been in commercial operation since 1 October this year and Bulgaria owns 20% of the project, which diversifies LNG supplies to Southeast and Central Europe.

The state-of-the-art facility has a maximum regasification capacity of 5.5 billion cubic metres per year. The gas pipeline can also supply Romania, North Macedonia, Serbia, Moldova and Ukraine to the east and Hungary and Slovakia to the west.

Sofia's decision to become a shareholder is seen as strategic in view of possible supplies from the US, Qatar, Egypt and other producers. It is also part of a strategy by the countries of south-eastern Europe to diversify away from Russian gas.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy alexandroupolis first delivery gas lng supply

More from category

Bulgarian business is looking to hire 261,926 new workers and professionals

In the next 12 months, the Bulgarian business needs about 262,000 workers and specialists , according to a study by the Employment Agency. This is nearly 9.3% of the currently employed. Compared to the results in 2023, there is a..

published on 10/24/24 11:42 AM

Bulgaria will apply method used in France and Spain to combat hail

There will be pilot testing of ground-based silver iodide generators for hail protection in two zones where the use of rockets is not allowed, the Deputy Minister of Agriculture Ivan Kapitanov said. At a meeting with Claude Berthet,..

published on 10/24/24 11:21 AM

Political instability is a major challenge for German investors in Bulgaria

The German economy has been shrinking and the government expects a decline of 0.2% of GDP. Some of the main reasons for this include unresolved structural problems related to lack of energy security, excessive bureaucracy and shortage..

published on 10/24/24 9:15 AM