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Turkey Starts Works On Gas Link With Bulgaria

Turkey Starts Works On Gas Link With Bulgaria

Turkish state-owned gas company Botas has launched the construction of a gas interconnector between Turkey and Bulgaria, Sofia-based media reported. Botas has started horizontal drilling for the 175-kilometre gas pipeline, the Bulgarian National Radio reported last week.

New EU Support to Renewable Energy in the Pacific

New EU Support to Renewable Energy in the Pacific

European Commissioner for Development, Andris Piebalgs, and New Zealand Foreign Minister, Murray McCully, will undertake a joint mission to the Pacific on 23-27 April to further strengthen development cooperation in that region.

Italys New Bordolano Gas Storage on Schedule

Italy's New Bordolano Gas Storage on Schedule

The first stage in converting the depleted Bordolano gas field in Italy's Po Valley into a storage facility is complete and the facility is on schedule to start operations next year, Italian system operator Snam today said.

Bulgaria to File Claims if Brussels Blocks South Stream Project

Bulgaria to File Claims if Brussels Blocks South Stream Project

Bulgaria will seek compensation if the European Commission decides to block the South Stream gas pipeline since the country’s economy is dependent on the project's implementation, the energy ministry said last week.

European Parliament: South Stream Should Not Be Built

European Parliament: South Stream Should Not Be Built

The European Parliament believes that the pipeline South Stream should not be built according to a resolution made by the representatives of several European parties, Bulgarian National Radio reported.

Trans Adriatic Pipeline (TAP) Re-launches its Procurement Process

Trans Adriatic Pipeline (TAP) Re-launches its Procurement Process

TAP has taken the decision to re-launch its procurement process, following a review of its strategy and schedule. TAP will therefore initiate new pre-qualifications for goods and services that the natural gas pipeline project requires.

EBRD Investments in Serbia may top 1.0 bln euro in 2014-2018

EBRD Investments in Serbia may top 1.0 bln euro in 2014-2018

The European Bank for Reconstruction and Development (EBRD) plans to provide at least 1.0 billion euro ($1.38 billion) in funds to Serbia in 2014-2018, focusing on boosting the competitiveness of private businesses, strengthening the banking sector and upgrading the energy and infrastructure sectors, the lender’s country director for Serbia said.

Sole 40% CO2 Cut Target Will Cut EU GDP by 2030

Sole 40% CO2 Cut Target Will Cut EU GDP by 2030

EU plans for a sole binding 40% greenhouse gas reduction target by 2030 will lead to a drop in the continent’s GDP of between 0.1% and 0.45% on current trends, according to an overlooked passage in the impact assessment which accompanies the proposal.