Bulgaria: Prime Minister backs “Balkan Stream” as EU plots full break from Russian gas

Prime Minister Rosen Zhelyazkov has reaffirmed that the “Balkan Stream” pipeline remains a functional and commercially viable energy project, despite the latest push by the European Commission to end Europe’s dependence on Russian gas. Zhelyazkov stressed that the pipeline was not politically driven, but rather a well-structured business initiative that contributed significantly to energy security…

Ukraine: Ministry of Energy and GTSOU will ensure commercial competitiveness and capacity utilization of Vertical Corridor

The Gas Transmission System Operator of Ukraine (GTSOU), under the coordination of the Ministry of Energy of Ukraine, is working to expand routes for additional gas imports to Ukraine, as well as to ensure its transportation through the Ukrainian GTS to Central and Eastern Europe. In particular, GTSOU, together with the GTS operators of neighboring…