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125 new news items in the last 24 hours
9 May 16:15

The Vertical Corridor, a gas transportation route from Greece to Ukraine, faces financial and tariff obstacles threatening its implementation

Delia Niculescu
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International
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The Vertical Corridor is an EU- and US-backed initiative to transport gas from Greece through Bulgaria and Romania to Ukraine, with the aim of reducing dependence on Russian gas. Although existing infrastructure can transport 10 billion cubic meters of gas, high costs and tariffs imposed by Romania and Moldova make the project unsustainable. Discussions to expand the capacity of the Greece-Bulgaria interconnector are under way, and Bulgaria plans to increase its import capacity. The European Commission is seeking ways to speed up the project, with a 2030 deadline for Europe's energy independence.

Sources

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G4Media
Cum va fi transportat gazul natural din Grecia în Ucraina – Se intensifică acţiunile pentru Coridorul Vertical
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Profit.ro
Cum va fi transportat gazul natural din Grecia în Ucraina

ȘTIRI PE ACELEAȘI SUBIECTE

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The EU countries are considering imposing strict requirements to prove the origin of imported natural gas, in the context of eliminating imports from Russia.
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News
The European Commission will propose initiatives for better electricity circulation in the EU, helping Romania to benefit from cheaper energy.
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International
The Bulgarian Prime Minister announced that Bulgaria will cease the transit of Russian gas to Serbia and Hungary in 2026, responding to Donald Trump's call.
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International
The European Commission is considering trade measures against Russian oil imports to pressure Hungary and Slovakia to abandon energy imports sold by the Kremlin.
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International
Donald Trump expressed dissatisfaction regarding the purchase of Russian oil by EU countries, emphasizing that it finances the war in Ukraine.
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International
The European Union aims to completely ban imports of oil and gas from Russia by 2028, according to Energy Commissioner Dan Jorgensen.
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