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Today Az - Interconnector Greece-Bulgaria inauguration important milestone

Today Az - Interconnector Greece-Bulgaria inauguration important milestone
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Bulgaria sets its sights on a proactive future

Radio Romania International

Europe is facing an ‘unprecedented risk’ in terms of natural gas deliveries this winter, after Russia has cut off most deliveries, and may have to compete with Asia for expensive liquefied gas transported by ships, the International Energy Agency (IEA) has announced. According to the Agency’s latest report, EU member states will have to reduce consumption by 13% through the winter period, in the case of a complete Russian supply shutdown in the context of the war in Ukraine. Therefore, gas saving measures for consumers, the industrial sector and the utility sector will be crucial, the report says. A longer cold season is also a risk, as supply disruptions are more likely. The EU storage facilities are 88% full, some 8% more than the initial target. The IEA however says the EU’s storage facilities must be close to 90%, in case Russia decides to completely cut off deliveries to Europe.   Romania’s gas storage facilities are about 87% full, says PM Nicolae Ciuca. He a

Maria Olson, Director of the Office of Southern European Affairs, U S State Department Remarks at the 23rd Capital Link Invest in Greece Conference

Maria Olson, Director of the Office of Southern European Affairs, U S State Department Remarks at the 23rd Capital Link Invest in Greece Conference
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About Turn: Arms, Oil, Gas and Politics in Bulgaria

Russian President Vladimir Putin miscalculated again when he stopped natural gas shipments to Poland and Bulgaria on April 27. Now Russia appears to have lost the gas markets in both countries as they are preparing to permanently wean themselves from Russian energy supplies. The official reason for the sudden severing of gas exports was the refusal of Poland and Bulgaria …

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