Romania calls for delay...

Romania has made it clear that shutting down coal-fired units at the Energy...

Croatia: CROPEX electricity trading...

In May 2025, a total of 1,184,750.1 MWh of electricity was traded on...

Bulgaria plans to finalize...

Energy Minister Zhecho Stankov announced that Bulgaria aims to sign a construction agreement...

Bulgaria: IBEX day-ahead market...

In May 2025, a total of 2,225,726.2 MWh of electricity was traded on...
Supported byClarion Energy
HomeUncategorizedBulgaria: Bulgariatransgaz signed...

Bulgaria: Bulgariatransgaz signed two agreements for the construction of the Vertical Gas Corridor

Bulgaria has signed two contracts to start the construction of a Vertical Gas Corridor in its territory. With the signing of the documents, the design and construction of a part of the network will begin, namely the Kulata-Kresna and Rupcha-Vetrino circuits. 

The Bulgarian section of the Vertical Corridor is intended to guarantee an increase in the transport capacity of natural gas from Greece to Bulgaria and from there to Romania. 

The Vertical Corridor is a joint initiative of operators from Bulgaria, Greece, Romania, Hungary, Slovakia, Ukraine and Moldova. The goal is to improve security and diversify sources and routes for transferring quantities of gas extracted in Azerbaijan. The contracts were signed by transmission network operator Bulgartransgaz and designated contractors.

At the end of May, Bulgartransgaz closed the procurement procedure for structural planning, investment design, supply of necessary materials and equipment, and construction and commissioning of new facilities for the expansion of the transport infrastructure gas transportation. 

The contracts are respectively with the contractors Hill International – GBS 1 and Hill International – GBS 3, consortia in which Bulgarian and US companies participate. 

The value of the project is 485 million Bulgarian levs (248 million euros). First of all, the connection with Greece will be expanded, to allow the transport of 4,5 billion cubic meters more per day than today. Subsequently, the part of gas transport in northern Bulgaria will be extended, to reach 30 billion cubic meters per day towards Romania. 

The expected date for the commissioning of the structure is January 2026, but the goal of the Bulgarian authorities is to complete the works a year earlier.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Bulgaria plans to finalize Kozloduy nuclear expansion contract by end of 2026

Energy Minister Zhecho Stankov announced that Bulgaria aims to sign a construction agreement for units 7 and 8 at the Kozloduy nuclear power plant by the end of 2026. If the project proceeds as planned, Bulgaria will become the...

Bulgaria: IBEX day-ahead market sees slight monthly decline, yearly growth in May 2025

In May 2025, a total of 2,225,726.2 MWh of electricity was traded on the day-ahead market of the Independent Bulgarian Energy Exchange (IBEX), representing a 3.5% decrease compared to the previous month. The average daily traded volume in May...

Europe: EU set to cut natural gas imports by 25% by 2030 driven by renewables and efficiency

A recent report by the Institute for Energy Economics and Financial Analysis (IEEFA) projects that the European Union could reduce its total imports of natural gas and liquefied natural gas (LNG) by 25% between 2024 and 2030. This forecast...
Supported byVirtu Energy
error: Content is protected !!