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Bulgaria OKs transfer of 20% of offshore block exploration rights from Shell to Repsol

Bulgaria's government said on Wednesday it approved the transfer of 20% of the exploration rights on offshore Block 1-14 Khan Kubrat, in the country's sector of the Black Sea, to Repsol Bulgaria Khan Kubrat from Shell International Exploration and Development Italia.

read more... 21/02/2019

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Serbia: ready to construct Turkish Stream section

According to TASS, Serbia is ready to begin the construction of its section of the Turkish Stream gas pipeline running from the Bulgarian border to Hungary, Dusan Bajatovic, director general of national gas company Srbijagas said.

read more... 12/02/2019

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Bulgaria's NEK begins rehabilitation of Sestrimo HPP

Bulgarian state-owned National Electricity Company, NEK, has launched works on the rehabilitation of Sestrimo hydro power plant (HPP), the Independent Bulgarian Energy Exchange (IBEX) said on Friday.

read more... 04/02/2019

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Romania’s Transgaz gets EUR 138 mln loans from EIB for key pipeline projects

Romania’s natural gas transport company Transgaz announced on January 25 that it sealed the documents for a EUR 100 million loan from the European Investment Bank (EIB) for bringing Black Sea offshore gas to the BRUA (Bulgaria-Romania-Hungary-Austria) pipeline and the national gas system.

read more... 29/01/2019

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Bulgartransgaz decides to launch gas pipeline construction tender

Bulgaria's gas transmission system operator Bulgartransgaz said on Friday that it has decided to launch a tender for the construction of a new 484 km gas pipeline from compressor station Nova Provadia, which will be located some 50 km away from the Black Sea coast city of Varna, to the border with Serbia.

read more... 24/12/2018

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