Gulf Oil and Gas accountACCOUNT

Bulgaria & Serbia Agree to Work on Pipeline to Cut Reliance on Russian Gas

Source: Reuters 1/20/2017, Location: Asia

Bulgaria and Serbia signed a memorandum of understanding to work together for the construction of a natural gas pipeline to link the Balkan neighbours to boost security of supplies and reduce their strong reliance on Russian gas.

"This is a very important day for Serbia and Bulgaria," Serbian Energy minister Aleksandar Antic said after signing the memorandum with his Bulgarian counterpart Temenuzhka Petkova.

The two countries plan to begin the construction of the 150-km gas inter-connector link by May 2019 and have it operational by the end of 2020.

Bulgaria has already drafted a technical plan for the 61 km of the pipeline that will link Sofia with the Serbian city of Nis.

Serbia, which hopes to wrap up its EU membership talks by 2019, is under pressure from Brussels to reduce its dependence on Russian gas, which accounts for more than 80 percent of its needs, to join the bloc.

Bulgaria, which still gets over 95 percent of its gas from Russia's Gazprom, has opened a gas link with neighbouring Romania and is working to connect its gas network with neighbouring Greece and Turkey to diversify its suppliers.

Oil and Gas Pipeline >>

Oil and Gas Pipeline News in Russia >>

Canada >>  7/1/2020 - Enbridge Inc., the Ingham County Circuit Court of the State of Michigan amended its temporary restraining order requiring Enbridge to temporarily shut...
Nigeria >>  6/30/2020 - The Nigerian Government is set to flag-off the construction of the Nigerian National Petroleum Corporationís (NNPC) $2.8bn Ajaokuta-Kaduna-Kano (AKK) ...

United States >>  6/30/2020 - Align Midstream Partners II, LLC, a Dallas-based midstream company backed by Tailwater Capital, announced the completion of the TOPS Pipeline and the ...
United States >>  6/26/2020 - Black Bear Transmission LLC announced that an affiliate has entered into a definitive agreement to acquire a portfolio of Natural Gas Transmission ass...

United States >>  6/23/2020 - Harvest Midstream Company announced the completion of the new Ingleside Pipeline and provided an update on the Harvest Midway Terminalís construction ...
Mexico >>  6/17/2020 - MIRAGE ENERGY CORPORATION / NORTHERN HEMISPHERE LOGISTICS, INC. has signed a $4 Billion debt facility with the family office of Bluebell International...

Related Categories: General  LNG Carriers  LNG Terminal  Natural Gas Storage  Oil and Gas Pipeline  Oil Storage  Railways  Tank Truck  Tankers 

Related Articles: General  LNG Carriers  LNG Terminal  Natural Gas Storage  Oil and Gas Pipeline  Oil Storage  Railways  Tank Truck  Tankers 


Russia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.