Bulgaria: South Stream Bulgaria Keeps Working on Gas Pipeline Project

South Stream Bulgaria keeps working on the gas pipeline project, according to Dimitar Gogov, CEO of the company. In a Wednesday interview for the Bulgarian National Television (BNT), Gogov announced that there had been no ... More

Bulgaria: Turkish FM Declares EU-Backed TANAP Pipeline Priority Project

The Turkish Foreign Minister Mevlut Cavusoglu announced that the Trans Anatolian Natural Gas Pipeline (TANAP), part of the EU-backed Southern Gas Corridor, is the priority project of Turkey. Cavusoglu said that Turkey is to ... More

EU should accept gas transit risks, if it rejects South Stream – Russian Economy Minister

If European countries don’t want to eliminate gas supply problems by building the South Stream pipeline, they should take responsibility for the possible transit risks, said Russian Minister of Economic Development Aleksey ... More

Bulgaria: Construction of South Stream Underwater Section to Start December 15

The launch of the construction works for the underwater section of the South Stream gas pipeline has been postponed by a month, according to a Gazprom official. Vladimir Markov, head of Gazprom’s general relations ... More

Presidents of Bulgaria, Poland Back EU Energy Union

The heads of state of Bulgaria and Poland, Rosen Plevneliev and Bronislaw Komorowski have united around the idea that an energy union could boost the EU's security of supplies, Plevneliev's press office has said. President ... More

Bulgaria: Gazprom Directors' Board to Discuss Issues of South Stream

Gazprom executives are to meet November 5 to consider the approval of certain transactions with the assets of South Stream Bulgaria, the Russian energy giant announced. A 50-50 joint venture between Gazprom and the Bulgarian ... More

Record electricity production at Djerdap 1 hydropower plant

The Djerdap 1 hydropower plant near Kladovo, eastern Serbia, produced 557 million kWh of electricity in September, which is a record figure in terms of electricity production in the 42 years' long history of the plant. The ... More

Turkey and Russia discussed broader energy cooperation

According to Turkish daily Sabah (online, 02.10.14), trade in natural gas and the planned construction of the nuclear reactor in Mersin province were discussed during Energy Minister Taner Y?ld?z's visit to Moscow yesterday. ... More

Bulgarian Ministry of Regional Development passed the Detailed Plan of Bulgaria-Greece gas pipeline through Kardzhali

Bulgarian Ministry of Regional Development adopted the Detailed Plan of the Bulgaria – Greece gas pipeline through the territory of Kardzhali town, press centre of the Ministry of Regional Development announced. The ... More

WB, 150 million USD loan

The World Bank approved a 150 million USD loan that will be used for the energy system that is now in crisis. The Deputy Minister of Energy, Ilir Beqja, declared that more 90 million USD will be invested in the ... More

Sistema Rinova Uno to build 5 small hydro plants on Ibar

Sistema Rinova Uno and Tutin municipality officials signed a cooperation agreement on the construction of five small hydroelectric power plants on the Ibar River, with a combined capacity of 7.5 MW, the company announced on ... More

South Stream Bulgaria JV Raises Capital Despite Ban

The South Stream Bulgaria project company has increased its capital in defiance of orders to the contrary issued by caretaker energy minister Vasil Shtonov. According to a statement posted on the website of Bulgaria’s ... More

Bajatovic: South Stream project still on schedule

Srbijagas director Dusan Bajatovic says that the first 30 kilometers of the South Stream pipeline section through Serbia will be laid by the end of 2014, and the route will change in Vojvodina, as it will not go to Italy but to ... More

Kozloduy NPP Contract with Westinghouse Revealed Online

Bulgaria's Kozloduy NPP has published on its official website the shareholders' agreement signed with US Westinghouse Electric. On August 1, Kozloduy NPP agreed to publish the text of the agreement in coordination with the ... More

CEZ Bulgaria invests BGN 884,000 in W Bulgaria in July

CEZ Distribution Bulgaria AD invests BGN 884,000 in the rehabilitation and modernisation of the power distribution network in West Bulgaria in July, the press office of the company announced. 16 investment projects are to start ... More

Declaration supporting South Stream signed in Vienna

President of the Serbian Chamber of Commerce (PKS) Zeljko Sertic signed in Vienna on Thursday, together with his colleagues from Bulgraia and Hungary, a joint declaration of support for the South Stream gas pipeline project and ... More

7 Ambassadors to Bulgaria Express Concern over Energy Sector Measures

Seven ambassadors have expressed concern in a letter to the Bulgarian Parliament Speaker over restrictions proposed by the State Commission for Energy and Water Regulation (DKEVR). The letter, signed by the ambassadors of ... More

EC Explains South Stream Procedures Against Bulgaria

The EU Commission has explained why an infringement procedure is under way only against Bulgaria when other EU states are also involved in the South Stream project. "We started [this infringement procedure against Bulgaria] ... More

Bulgaria: Barroso: 'Other States' Might Also Be Sanctioned on South Stream

EU Commission President Jose Manuel Barroso has warned that more countries could be targeted by infringement procedures over South Stream if they breach the rules. His comments made at a G-7 press conference follow the ... More

Slovenia and Turkey voice interest in construction of hydropower plants on River Morača

Prime Minister Milo Đukanović hosted earlier today ambassadors of Slovenia and Turkey, Vladimir Gašparič and Mehmet Tanilir, with whom he discussed possibilities for investment cooperation. Ambassadors ... More