Supported byClarion Energy
HomeGasBulgaria, Gas interconnection...

Bulgaria, Gas interconnection with Greece will be completed by 1 July this year

Bulgarian Minister of Energy Aleksandar Nikolov said during a hearing in the Parliament that the goal for the gas interconnector with Greece is to be commissioned by 1 July this year in order to be ready before the next heating season.

Minister Nikolov explained that due to the delay in the project, Bulgaria will insist on compensation from the contractor. He added that the
Government had demanded payment but did not specify exact amount.

He said that there was a request to postpone the deadline by the contractor, but the Government rejected the request.

182 kilometers long Bulgaria-Greece gas interconnection is designed with the capacity between 3 and 5 billion cubic meters of gas per year, but it could be extended up to 10 billion cubic meters in case of commercial interest and economical justification. The construction of the pipeline officially started on 22 May 2019. It was supposed to be completed by the end of 2020.

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Winter forecast puts Southeast power prices at €160 to €295/MWh

Southeast European electricity prices could ease in Q4 2026 and Q1 2027 if nuclear capacity returns and hydro inflows improve. Gas costs and transmission constraints are expected to sustain premiums during tight periods.

Bulgaria’s battery fleet exceeds 6 GW as solar shifts to storage

Battery operators across Southeast Europe are increasingly buying solar-heavy midday electricity and shifting it for sale in later hours, with Bulgaria leading the trend. Serbia has begun recording negative day-ahead prices, which can provide a variable source of low-cost electricity for storage.

Bulgaria’s more than 6.2 GW battery fleet can reshape power prices

Bulgaria’s storage fleet is estimated at more than 6.2 GW of power capacity and 19 GWh of energy capacity, enough to reshape regional day-ahead prices. By shifting electricity between low- and high-price hours, batteries support exports during scarcity periods while compressing the spreads available to storage projects.
Supported byVirtu Energy