Energy markets weekly: Brent,...

During the fourth week of August, Brent oil futures for the Front Month...

Europe: Electricity prices show...

During the fourth week of August, electricity prices in major European markets showed...

European electricity demand trends:...

During the last week of August, electricity demand rose in most major European...

European solar and wind...

During the week of August 25, solar photovoltaic (PV) energy production declined across...
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HomeSEE Energy NewsBulgaria, Country has...

Bulgaria, Country has sent a request to reserve capacity at the LNG terminal

Bulgaria has sent a request to reserve capacity at the Revythoussa liquefied natural gas (LNG) terminal operated by Greek natural gas transmission system operator DESFA, in order to secure quantities of natural gas in case of a disruption of the supply from Russia.

Greece might agree to this proposal, as planned LNG cargoes for the Greek market, combined with the existing energy reserves, will suffice to cover the country’s consumption needs.

The Greek system is connected with that of Bulgaria at Sidirokastro, the point at which Russian natural gas is imported into Greece, where there is also the option of countercurrent flows to supply Bulgaria.

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