Supported byClarion Energy
HomeSEE Energy NewsBulgaria, Country signed...

Bulgaria, Country signed gas transmission agreement with Moldova

Bulgarian natural gas transmission system operator Bulgartransgaz and Moldovan natural gas supplier Energocom have signed a cooperation agreement for access and transport of natural gas through Bulgartransgaz’ gas transmission system.

Bulgarian President Rumen Radev, who is in official visit to Moldova, said, after the meeting with his counterpart Maia Sandu, that Bulgaria and Moldova can respond to the challenges they face by cooperating with each other. According to him, Bulgaria has already achieved significant success in gas diversification, primarily by building interconnectors with its neighbors and shareholding in liquefied natural gas terminals. Bulgaria is now able to select suppliers from all over the world on the basis of price and security of supply. On the other hand, it has the Trans-Balkan pipeline, which provided natural gas from north to south, via Moldova, years ago. Now, through the reverse capabilities, Bulgaria can supply gas from south to north.

Sandu stressed that Moldova is in its worst energy crisis since its independence and welcomed the signing of the agreement for access and transportation of natural gas through the Bulgartransgaz’ gas transmission network. This is how, Moldova connects its national gas transmission network with other networks in central and southeastern Europe.

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

European gas rally lifts Bulgaria’s regulated September discount to €41.60/MWh

European benchmark gas prices moved above €74/MWh on Tuesday, widening the spread versus Bulgaria’s regulated September price of €41.60/MWh. The move highlights differences in fuel costs across Southeast Europe ahead of the autumn heating season. TTF rises as LNG supply...

Bulgaria approves sanctions exemptions for Kozloduy maintenance and Belene equipment preservation

Bulgaria has approved two targeted sanctions exemptions for Russia covering specific nuclear activities. The measures relate to maintenance-related work at the Kozloduy nuclear power plant and preservation activities for equipment stored at the unfinished Belene project. The exemptions keep...

Bulgaria September regulated gas price discount widens as TTF nears €74.4/MWh

Bulgaria’s regulated gas benchmark for September is trading at a widening discount versus European hub levels after Dutch front-month TTF climbed toward €74.4/MWh. The move has increased the gap between the Bulgarian price and the latest TTF assessment. The...
Supported byVirtu Energy