Monday, September 22, 2014

Drew EGC Report

News - Bulgaria

Displaying 31 - 40 of 202 articles

South Stream: Is Gazprom Willing to Invest Billions in a Project that Could Serve its Competitors?

The South Stream natural gas pipeline project is in the limelight in Brussels. Gazprom's ability to supply the energy corridor exclusively with its own gas and not allowing its competitors to use it is being questioned. Based on the Third Energy Package, a legislation debate and dialogue between...

Expert Council of Bulgaria’s Environment Ministry Gives Green Light to South Stream

Health and environment concerns voiced by locals from Varna where the pipeline will emerge from the Black Sea lead to the choice of a dig-free technology for laying the pipes at Pasha Dere beach, part of the EU-wide Natura 2000 protected zone The High Expert Ecological Council of Bulgaria’s Ministry...

TAP and Interconnector Greece-Bulgaria Sign MoU on Technical Cooperation

The Trans Adriatic Pipeline AG (TAP) and Interconnector Greece-Bulgaria (ICGB) signed a Memorandum of Understanding and Cooperation (MOUC) to establish technical cooperation in order to further develop strategic infrastructure in the region.   ICGB is a joint company between Bulgarian...

Constructive Meeting Between Russia and EC, Says Almunia

Three steps forward, three steps back in the past day for the relationship between Russia and Europe. On the one hand, the bilateral agreements signed by Gazprom with Bulgaria, Serbia, Hungary, Greece, Slovenia, Croatia and Austria are in breach of EU law, said the European Commission. On the other...

Four Questions on Shale Gas Development in Europe and the U.S.

Can the U.S. shale gas boom happen in Europe? The short answer to that question, is no. A combination of factors have contributed to the U.S. shale gas and oil boom, namely favorable geological conditions, (access to) infrastructure, substantial public support (amongst others spurred by attractive mineral...

Tender for South Stream Construction in Bulgaria to Be Restarted

The tender procedure for choosing the main contractor for the Bulgarian stretch of gas pipeline project South Stream was terminated and should be restarted any time soon, an announcement on the website of South Stream. The estimated cost of the deal is EUR 3.5 billion. Competition obstacles The short...

EU Pushes for Balkan Gas Market

Regional energy integration, specifically of gas markets, was the message at a recent international forum in Belgrade from the Energy Community. The Energy Community (also known as the Energy Community of South East Europe) is a community established between the EU and nine contracting...

Natural Gas Prospects in the Balkans

A recent international energy workshop in Athens, Greece provided several pointers for the up and coming upstream gas sector in several Balkan countries. The region is unexplored in most respects and workshop participants were assured of promising findings that could literally transform Europe's gas...

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