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Bulgaria: BEH agrees 535 million euros loan funding

Bulgarian state energy company BEH has inked a 535 million euro ($602 million) bridge loan with three international banks which should be refunded by a global bond issue within a year, as stated by a senior BEH official on Monday.

read more... 26/04/2016


Austria: Habau will accomplish Bulgaria-Romania gas pipeline

The state gas network operators of Bulgaria and Romania have inked an agreement with Austrian construction company Habau to accomplish a postponed interconnector connecting the two Balkan nations which is intended at reducing Bulgaria's reliance on Russian gas imports.

read more... 07/04/2016


Bulgaria inks an agreement with Shell for deepwater oil and gas exploration

Bulgaria signed a deal with Royal Dutch Shell on Tuesday to explore for oil and gas in an offshore block in the Black Sea in a bid to end its almost total reliance on Russian natural gas.

read more... 24/02/2016


Bulgaria and Greece ink agreement to begin constructing gas pipeline

Bulgaria and Greece on Thursday inked a final investment deal to construct a natural gas pipeline to aid Sofia reduce its almost complete dependence on Russian gas supplies.

read more... 11/12/2015


Bulgaria supports Nord Stream gas expansion

Bulgarian Prime Minister Boiko Borisov declared on Monday his government backed Russia's plans to expand its gas connection to Germany.

read more... 01/12/2015