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TAP Awards Two Contracts for Italy Onshore Construction

TAP Awards Two Contracts for Italy Onshore Construction

Trans Adriatic Pipeline AG (TAP) has awarded a contract for the Engineering, Procurement and Construction (EPC) of the Pipeline Receiving Terminal (PRT) and a contract for the EPC of the onshore pipeline in Italy (8-kilometre, 36-inch diameter)

Bulgaria, Greece Sign Deal to Start Building Gas Pipeline

Bulgaria, Greece Sign Deal to Start Building Gas Pipeline

Bulgaria and Greece on Thursday signed a final investment agreement to build a natural gas pipeline to help Sofia reduce its almost complete reliance on Russian gas supplies. The 180-km (110-mile) pipeline will be built by a Bulgarian-Greek joint venture that also includes Italian energy group Edison SpA

Iran Denies Halving Gas Exports to Turkey

Iran Denies Halving Gas Exports to Turkey

Gas flow from Iran to Turkey has returned to normal after a temporary fall in pressure at a dispatching station, officials from the two countries say

Cyprus, Egypt, Greece Tripartite Summit declaration

Cyprus, Egypt, Greece Tripartite Summit declaration

A third Trilateral Summit between Greece, Egypt and Cyprus in Athens on Wednesday effectively solidified the foundations of the cooperation between the neighbouring countries in the years to come

Nine Banks Show Interest in Lending up to EUR 650 M to Bulgaria’s BEH

Nine Banks Show Interest in Lending up to EUR 650 M to Bulgaria’s BEH

Nine banks have confirmed interest in lending up to EUR 650 BGN to the state-owned Bulgarian Energy Holding (BEH) company, Energy Minister Temenuzhka Petkova has said. The energy group is seeking the money to enableits indebted subsidiary National Electricity Company (NEK) to repay debt owed to the local units of U.S.-basedAES Corp.and ContourGlobal

Klaus-Dieter Borchardt: Bulgaria Has Potential to Develop into Gas Hub

Klaus-Dieter Borchardt: Bulgaria Has Potential to Develop into Gas Hub

"For too long Bulgaria and other countries of the region have been concentrating on large scale pipeline projects such as South Stream and have left behind the development of important regional infrastructure, notably interconnections with neighbouring countries," Klaus-Dieter Borchardt, Director Internal Energy Market at the European Commission's Directorate-General for Energy, has told Novinite