Turkish Stream project will be delayed by six months and according to Bulgaria’s promise, will be completed at the end of 2020, the Russian energy giant Gazprom writes in a memorandum for new euro-bond issue. The construction of the gas pipeline had to be completed in the first half of 2020, Interfax reminds.
According to the agency, Bulgaria which has not completed its section of the gas pipeline (Balkan Stream) due to the Covid-19 pandemic is the reason for the delay. This country has to build a 474 kilometer-long pipeline from the border with Turkey to the Bulgaria-Serbia border. The project is estimated at EUR 1.1 billion without VAT. Meanwhile, Bulgaria is alreay receiving gas for own consumption from Turkish Stream, Interfax claims.
The European Commission has approved state aid amounting to EUR 142 million (BGN 278 million) to support the energy sector, BNR’s correspondent in Brussels reports. The money is being granted to alleviate part of the expenses of the companies which..
Army personnel and two helicopters from the 24 th air base at Krumovo have joined the efforts to extinguish a big fire in Mount Sredna Gora close to Pesnopoy village, Kaloyanovo municipality and Mihiltsi village, Hisarya municipality. The..
President Rumen Radev called for the processes of modernization of the navy to continue. On board the frigate Drazki in the Black Sea, the president, the Deputy Minister of Defence Radostin Iliev and the commander of the Bulgarian navy rear admiral..
The European Commission has approved state aid amounting to EUR 142 million (BGN 278 million) to support the energy sector, BNR’s correspondent in..
13 bands from abroad will perform on the big stage of the 4 th edition of Midalidare - Rock in the Wine Valley , 12-14 July, alongside the..
President Rumen Radev is to hand the second governing-forming mandate next week. ''I expect We Continue the Change - Democratic Bulgaria (PP-DB) to..
+359 2 9336 661