Latest news

Bulgaria and Romania launch a new natural gas pipeline

On Friday, Bulgaria and Romania have opened a new natural gas pipeline as part of Sofia’s objective to reduce its reliance on Russian gas. Bulgaria currently imports more than 90 percent of its gas from Russia’s Gazprom.

read more... 14/11/2016


Bulgarian and Slovak gas operators will collaborate on projects

The gas pipeline operators of Bulgaria and Slovakia have inked a memorandum of understanding to cooperate in connecting the proposed Eastring pipeline and Balkan gas hub project, as stated by Bulgaria's energy ministry on Friday.

read more... 08/11/2016


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


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


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