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Total has made an oil discovery in the Black Sea offshore Bulgaria

French oil company Total has announced it has made an oil discovery in the Khan Asparuh license, situated in the Black Sea offshore Bulgaria. The volumes of oil have not yet been made public.

read more... 31/10/2016

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Bulgaria to pay compensation to Russian Atomstroyexport for ditched nuclear project

Bulgarian state energy company NEK said on Wednesday that is ready to pay about 600 million euros to Russia's Atomstroyexport for the equipment already manufactured for the scrapped Belene nuclear power plant project.

read more... 26/10/2016

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Bulgaria considers a 25% stake in a floating LNG terminal in Greece

Yesterday, the Bulgarian Energy Minister has met its Greek counterpart, to talk about the development of a natural gas pipeline between the two countries. Discussions were concentrated mainly on plans to build a floating liquefied natural gas (LNG) terminal, off the coast of northern Greece, in Alexandroupolis.

read more... 06/10/2016

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Azerbaijan to start gas deliveries to Balkan Gas Hub by 2020

Gas from Azerbaijan’s giant Shah Deniz 2 in the Caspian Sea will enter the Balkan Gas Hub in Bulgaria by 2020, as assured by Azerbaijan’s state oil company SOCAR.

read more... 03/10/2016

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Cyprus considers Bulgaria as part of plans to transit gas to Europe

Bulgaria wants to attract natural gas deliveries from Cyprus through scheduled gas hub at the Black Sea to carry gas from Russia and the Caspian Sea to southern and central Europe and further.

read more... 27/09/2016

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