In Sofia, two agreements have been signed for the construction of parts of the Vertical Gas Corridor, which has given a start to the actual activities aimed at increasing the capacities between Greece, Bulgaria and Romania.
After the completion of the project, the Bulgarian gas transmission infrastructure will be able to supply additional quantities of liquefied natural gas from reliable sources, including the USA, Azerbaijan, Egypt and others. The project is a joint one between Bulgaria, Greece, Romania, Hungary, Slovakia, Ukraine and Moldova and aims to increase the security and diversification of sources and routes for transferring additional quantities of natural gas from south to north. The corridor is expected to be completed in late 2025.
At the end of this year, it is expected that the transfer of Russian gas through Ukraine would be stopped.
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