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Bulgaria: EUR 60 million is the Estimated Value of the Pipeline for the New Gas Connection with Greece

Δευ, 11 Δεκεμβρίου 2017 - 18:46

ICGB, the project company for the new gas connection with Greece, has published a public procurement contract for the project pipelines. The estimated value is EUR 60 million (excluding VAT) for pipes with a nominal diameter DN 800/32, announcement of the company shows

EDF Launches 30 GW Solar Plan

Δευ, 11 Δεκεμβρίου 2017 - 18:46

CEO, Jean-Bernard Lévy said in a press release that the plan will be implemented between 2020 and 2035 by EDF’s renewable energy arm, EDF Energies Nouvelles. All of the plan’s announced new capacity will be deployed in France, the company said, and will add to projects currently under development in foreign markets

With the Exception of TAP, Erdogan’s Visit to Greece Reconfirms Diverging Energy Interests

Δευ, 11 Δεκεμβρίου 2017 - 18:45

Turkish President Recep Tayyip Erdogan’s historic visit to Greece on December 7, the first such visit in 65 years by Turkish President, has reconfirmed diverging views between Athens and Ankara on issues concerning the Exclusive Economic Zone (EEZ), Cyprus and exploration for hydrocarbons while both countries remain partners in boosting EU energy security through the Southern Gas Corridor that will transport Caspian gas supplies to Europe, reducing reliance on Russia

Vestas Receives Orders from China, US

Παρ, 8 Δεκεμβρίου 2017 - 19:08

Vestas received two new wind turbine orders from China and the U.S. on Thursday and Friday, the company said. The Danish wind systems manufacturer said a 40-megawatt order for turbine components came from the U.S.

Erdogan, on Landmark Visit to Greece, Sets Diplomacy Aside

Παρ, 8 Δεκεμβρίου 2017 - 19:05

Turkey’s president made a landmark visit to Greece on Thursday, but any expectation for diplomacy was quickly deflated by his call for changes to an international treaty that defines the borders between the rivals

Energean Inks Further Gas Sales Contracts for Israeli Fields

Παρ, 8 Δεκεμβρίου 2017 - 18:59

On December 7, Greece’s Energean Oil & Gas announced that Energean Israel has signed further Gas Sales and Purchase Agreements (GSPAs) for natural gas supply from the Karish and Tanin fields, offshore Israel

Greece, Cyprus, Italy, Israel Sign MoU for East Med Gas Pipeline

Τετ, 6 Δεκεμβρίου 2017 - 18:13

On December 5, Greece, Cyprus, Italy and Israel signed a memorandum of understanding for constructing an underwater gas pipeline from the Eastern Mediterranean region to Greece and Italy, which will allow the transportation of newly discovered Cypriot and Israeli gas reserves to mainland Europe

Kazakhstan to Cut Uranium Production by 20%

Τετ, 6 Δεκεμβρίου 2017 - 18:12

Kazakhstan's national uranium production company, Kazatomprom, will decrease uranium production by 20 percent over the next three years due to oversupply and falling demand, the company announced on Monday. The scheduled three-year production cut will start in January 2018, according to the world's largest producer

After Poland, Lithuania, Greece to Become the 3rd EU Country to Import American LNG

Τετ, 6 Δεκεμβρίου 2017 - 18:11

US Ambassador to Greece Geoffrey Pyatt said on December 4 that Greece would be the third European country to begin importing American liquefied natural gas (LNG), after Poland and Lithuania

Turkey’s Gersan, Tesla to Build Electric-Charging Stations

Τρι, 5 Δεκεμβρίου 2017 - 16:48

Turkey's Gersan Electricity, Trade and Industry A.S and Tesla Motors Netherlands B.V. (Tesla) signed an agreement to develop electricity-charging stations, Gersan said in a statement on Turkey's Public Disclosure Platform (KAP) late on Monday

Current Consumption of Energy in Bulgaria is Growing Faster than Production

Τρι, 5 Δεκεμβρίου 2017 - 16:47

The electricity consumption continues to grow at a faster pace than that of the production, according to the ESO operating data. Data shows that by the end of November the consumption of electricity increased by 4.2% on an annual basis to 36.3 million megawatt hours

Tillerson is Heading to Brussels Amid Reports of Imminent Dismissal

Τρι, 5 Δεκεμβρίου 2017 - 16:45

US secretary of state Rex Tillerson is preparing to start today a diplomatic mission to Europe, days after reports surfaced of a White House plan to force him out. Tillerson is scheduled to attend NATO, EU, and OSCE meetings and to hold bilateral talks with Belgian and Austrian officials in Brussels and Vienna on December 5-7. He is also due to make a stop in Paris on December 8 for meetings with French officials

Eurostat: Bulgarians Use the Cheapest Electricity in the EU

Παρ, 1 Δεκεμβρίου 2017 - 19:21

Electricity prices in the first half of 2017 were the lowest in Bulgaria across the European Union, according to a Eurostat analysis quoted by BBC