Construction of Serbian leg of South Stream starts in July

The construction of the South Stream gas pipeline section through Serbia could begin in July, head of the Gazprom international projects department Alexander Siromyatin said on Thursday. The contractors will be hired in three ... More

Bulgaria: Greece's DESFA ready to reverse gas flow to Bulgaria

Greece's gas transmission network operator DESFA has guaranteed its readiness to reverse gas flow through the reverse-flow gas grid interconnection Kulata/Sidirokastro. As a result, Bulgaria will be able to receive gas ... More

Concessions for three reserves with 3.3 million oil barrels to be signed Wed.

The Premier Antonis Samaras as well as the government Vice President and Foreign Minister Evangelos Venizelos will attend a ceremony on Wednesday, May 14, in which agreements for hydrocarbon explorations, surveys and ... More

Gazprom allegedly suggested amendments to Bulgarian Law

The most recent amendments to Bulgaria's Energy Act were allegedly suggested by the Russian state company Gazprom. In addition, Bulgaria agreed not to require access for third parties to the South Stream pipeline. The ... More

South Stream construction in Bulgaria and Serbia in summer

The construction of the South Stream pipeline will be realised strictly according to the plans, the Gazprom Information Department stated. The main part of the pipeline construction in the territory of Bulgaria and Serbia will ... More

Hamza Karimov (SOCAR): Azerbaijan, Turkey, Romania cooperate to ensure energy security of region

Azerbaijan, Turkey and Romania are cooperating to ensure the energy security of the region through all the projects planned and implemented, said SOCAR Romania general manager Hamza Karimov. "Through all the projects planned ... More

Bulgaria: EU 'to Extend' Southern Gas Corridor from Azerbaijan

Bulgaria was offered to join the Southern Gas Corridor, but later opted for the South Stream and Burgas Alexandropoulos to withdraw from the latter in a few years's time. The EU would extend the route for supplies through ... More

More EU funds for Southern Gas Corridor project

According to Ankara Anatolia news agency (03.04.14), the Southern Gas Corridor project, set to open in 2019, has gained increasing importance for Europe as events in Ukraine have highlighted the need for the continent to ... More

OMV sets eyes on potential Black Sea Gas deposits

Significant amounts of natural gas could be extracted from Bulgaria's Khan Asparuh deep-water block, OMV believes. Austrian energy company's expectations have so far been fomented by the discovering of vast amounts of gas at ... More

Total S.A. postpones start of gas surveys in Cyprus

The French Total S.A. oil and gas company has announced the 6-month postponing of the initial drilling with the purpose of surveys for natural gas in Cyprus’ exclusive economic zone. As contracted with Cyprus, Total had ... More

EU delays South Stream talks with Russia

European Commission will halt parts of the negotiations with Russia over the South Stream pipeline project. Talks will continue on a technical level, but political negotiations will be suspended in light of "broader ... More

Romania, among EU states least dependent on energy imports

Denmark is the only country in the European Union (EU) which was a net energy exporter in 2012, but Romania is among the EU countries that are least dependent on energy imports (23 percent), a lower dependence less only ... More

European Commission: No concessions on South Stream

The European Commission did not depart from the position that agreements on South Stream between six EU member states and Russia should be reviewed as they are not in line with EU regulations, while the European Energy Community ... More

Hidroelectrica sells three micro-hydropower plants for 2.5 million euros

Hidroelectrica sold, at the tender organised on the days of January 23 and 24 this year, three micro-hydropower plants for 2.5 million euros, energy producer representatives told Agerpres. 'The selling process of the ... More

FYRMacedonia prepares to build national natural gas network

Macedonian PM Nikola Gruevski said that his country would begin construction of a natural gas network next year when it hopes to start getting Russian natural gas. The project to the tune of 100 million euros will involve ... More

Romania, Turkey sign memorandum on electric energy transport

Minister-delegate for Energy Constantin Nita and Turkish Minister of Energy and Natural Resources Taner Yildiz signed on Thursday a Memorandum of Understanding on cooperation in the development of interconnections in the electric ... More

Slovenia prepares a referendum on a second nuclear unit

Slovenian PM Alenka Bratusek proposed a referendum to be held on the construction of a second nuclear power unit at the Krsko NPP by the beginning of 2015. This construction is a part of the program for development of Slovenia ... More

"No hydropower plant in Radika"

Although the study for the effects of the Radika River will end by this summer, it seems that FYRMacedonia will not be able to realize the idea for building the Lukova hydropower plant. The concern that has been raised ... More

Chinese open European office in Serbia

The Chinese electrical power corporation Sinomach-CNEEC-CNEETC has opened its European office in Ub, northwestern Serbia. Ub is in the Kolubara region and China is interested in large energy projects in Serbia, the power plant ... More

Dramatic situation with the energy

The Albanian Deputy Prime Minister, Niko Peleshi, declared that the situation in the energy sector is dramatic, with robberies from the system mounting up to 250 million EUR each year. Peleshi declared that the government has ... More