Bulgartransgaz has secured a 200 million leva loan to expand its gas network, facilitating the transit of gas from various sources to Europe.
Raluca Niculae
International
Pixabay
Always see our news on Google
Bulgartransgaz has contracted a loan of 200 million leva (about €100 million) for the development of the Vertical Gas Corridor, which will allow Bulgaria to transit natural gas from the US, Azerbaijan, Egypt and other sources to Central and Eastern Europe. The state-guaranteed loan will be repaid over five years and will support the expansion of gas transportation networks. The project also involves operators from Greece, Romania, Hungary, Hungary, Slovakia, Ukraine and Moldova and aims to strengthen regional energy security and offer competitive prices to consumers.
Sources
Latest News
19:54
Romania reported the highest number of suspected fraud cases regarding EU spending
19:37
The USA signed a 3 billion dollar agreement in the production of Patriot and THAAD missiles.
19:17
The PSD-AUR amendment that targets Dominic Fritz, compared by Cătălin Drulă to Emergency Ordinance 13 and the risk of 800 million euros from the PNRR.
19:00
Flavia Boghiu, former USR vice mayor of Brașov, definitively acquitted in the "Catacombs" case.
18:55
Radu Miruță is asking Grindeanu to include on the agenda the USR project that prohibits the closure of energy production capacities without alternatives.
See more news
NEWS ON THE SAME TOPICS
Economy
EBRD grants a loan of 70 million euros for energy storage in Romania, Latvia, Poland, and Slovenia
Current Affairs
The HVDC submarine cable project Romania-Georgia is advancing towards implementation
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
