Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgarian Stream project to balance gas controversies in Europe

Photo: library

The new project for a gas pipeline entitled Bulgarian Stream should reduce the clash of interests among EU countries an attain a certain balance between the planned Nord Stream 2 and the losses from the expected revenues from the suspended South Stream gas pipeline. The statement is made by the private US intelligence and analytical agency Stratfor. Premier Boyko Borissov said that Bulgarian Stream, as the Agency calls the project for the Balkan gas hub, will be 100% Bulgarian property. It will fully meet the requirements of the European Commission and will be using the existing gas grid of the country. The Stratfor Agency further points out that it will be difficult for Gazprom to cut the gas transit though Ukraine before it finds new routes for its export. From this point of view the Bulgarian Stream has a future also because it is backed up, just like Nord Stream 2, by the enormous interests of west European companies, and that is the common opinion of both European and American analysts.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Sunny and warm weather coming, it will only rain over the mountains

On Thursday morning the precipitation will stop over the whole country . It will be sunny during the day. In the afternoon, it will be cloudy over the mountains and rain is expected. Minimum temperatures will be between 14 and 21°C, in Sofia - 14°C...

published on 6/5/24 7:15 PM

Bulgaria's Army needs urgent modernisation: Defence minister says

Acting Defence Minister Atanas Zapryanov has highlighted the need to accelerate the modernisation of the armed forces as a top priority. "The Ministry of Defence continues to focus its efforts on the implementation of projects for the rearmament of the..

published on 6/5/24 5:52 PM
Lyudmila Petkova

The National Children's Hospital will be ready in May 2028

According to the timetable approved by the caretaker cabinet, the National Children's Hospital will be ready in May 2028 - nine months earlier than originally planned, Caretaker Finance Minister Lyudmila Petkova said.  BGN 100 million have been..

published on 6/5/24 4:52 PM