The Saudi- Italian consortium Arkad is to build the gas interconnector with Serbia, Bulgartransgaz has announced. The selection was made by public tender, in which three consortiums took part with offers. Arkad offered the lowest price for..
A Saudi-Italian consortium is offering the lowest price for the construction of the Bulgarian section of the TurkStream gas pipeline – almost 1 billion 300 million euro. The implementation deadline is 250 days. This was announced after the..
Bulgaria’s state energy company Bulgartransgaz announced that due to the reversion of the direction of the gas supplies through the Trans-Balkan gas pipeline on April 1, 2019, it will increase by 400% the transferring capacity for gas imports (Greece..
Bulgartransgaz may issue bonds or take out a bank loan in the first six months of the year to finance the construction of the transit 484 kilometer new gas pipeline. The project is estimated at 1.2 billion euro. There is a third financing option..
Bulgaria’s state-owned company Bulgartransgaz registered a subsidiary named Balkan Gas Hub. Currently 100% of its shares belong to the state company, but later 49% of them can be bought by other natural and legal persons. The new company was registered..
Bulgartransgaz state-owned company is officially putting into operation an extension of the transit gas pipeline to Turkey, BGNES news agency reports. The pipeline is 20 km. long and the investment totals 52 million Leva. The gas pipeline..
The price of natural gas in Bulgaria will not go up by more that 2.4% after the introduction of the new system on the natural gas market, analysis of Bulgartransgaz shows. The analysis was presented at a meting at the Bulgarian Ministry of..
“Bulgaria has opened negotiations with Azerbaijan on the supply of additional quantities of natural gas to be used by the future gas distribution hub near Varna,” said Deputy Energy Minister Zhecho Stankov. The two countries currently have an..
Bulgaria has not discussed with Gazprom an option where a gas pipe from Russia would reach the future gas hub near the city of Varna, GERB MP and Chairman of the National Assembly Committee on Energy Delyan Dobrev told BNR on Sunday. It will be very..
Bulgaria’s gas transmission operator Bulgartransgaz and Slovakia’s gas transmission operator Eustream signed in Sofia a memorandum aimed at boosting security of gas supplies in Central and Southeastern Europe and fulfilling the infrastructure projects..
