Bulgarian National Radio © 2020 All Rights Reserved

Bulgaria signs new memorandum for Vertical Gas Corridor

A new memorandum of understanding for the fulfillment of the Vertical Gas Corridor was signed on Thursday in Brussels, Bulgartransgaz announced. The gas transferring network operators of Bulgaria, Greece, Romania and Hungary are parties in the contract. These are Bulgartransgaz EAD, DESFA S.A, TRANSGAZ S.A, FGSZ Ltd and the project company IGB which fulfills the project for the Bulgaria-Greece gas interconnector. The concept for Vertical Gas Corridor aims to develop the opportunities for bi-directional transfer of natural gas between Greece, Bulgaria, Romania and Hungary.

More from category

Despite problems tourism sees increase in 2019

International tourism revenues in Bulgaria over the January-November 2019 period amount to EUR 3.6 billion , the Bulgarian National Bank has announced. Even though it was a difficult year there is a minimal growth of 0.02 percent compared to..

published on 1/17/20 6:40 PM

Bulgaria and China to manufacture electric buses

Bulgaria and China will cooperate to create production facilities for electric buses and a research and development centre in Bulgaria. To this end Stamen Yanev, Executive Director of Invest Bulgaria Agency and representatives of the Chinese..

published on 1/17/20 5:45 PM

The American Westinghouse to modernize Kozloduy NPP

The American Westinghouse Electric Company has signed a contract for the modernization of Kozloduy nuclear power plant. Westinghouse announced it would upgrade the current information and control systems of reactors 5 and 6 to the latest..

published on 1/17/20 5:15 PM