Bulgaria is intensifying efforts to enhance regional energy security through the development of strategic infrastructure aimed at reducing dependence on Russian gas. A central initiative in this process is the Vertical Gas Corridor, designed to transport liquefied natural gas (LNG) regasified at Greek ports to Central and Eastern Europe, including Ukraine. Greece’s Revitusa LNG terminal,…
Since the start of Russia’s full-scale invasion in February 2022, more than 63,000 energy infrastructure facilities in Ukraine have been damaged by massive strikes and targeted attacks, the Ministry of Energy reports. “Over the three years of full-scale war, more than 63,000 energy infrastructure facilities have been damaged. In 2024 alone, massive strikes and daily…
The Chornobyl exclusion zone has potential for renewable energy projects, Pierre Elbrun, the French President’s Special Envoy for Assistance and Reconstruction of Ukraine, has declared. “I am interested in reviewing solar energy projects. My visit to Chornobyl will allow me to better understand how to use the potential of the exclusion zone in the energy…
Bulgargaz is currently facing serious financial difficulties, with projected losses for 2024 amounting to 280 million leva, according to Energy Minister Zhecho Stankov. A significant portion of this financial strain is due to growing debts to Turkey’s Botas, which have already reached 220 million leva and are expected to rise to 250 million once the…
Ukraine increased electricity imports in March by 11% compared to February, to 272,000 MWh. Hungary became the largest supplier, from which 42% of imported electricity came. The share of supplies also amounted to: 19% from Slovakia, 18% from Poland, 16% from Romania and the rest – from Moldova. The increase in imports was recorded in…
To mark the recent synchronization of the Baltic energy system with Europe and disconnection from the grid controlled by Russia, the mail carriers and transmission network operators of Latvia, Lithuania and Estonia have issued special postage stamps. “The electrical scheme creatively adapted in the postage stamp design symbolizes the unity of the Baltic countries within…
Minister of Energy of Ukraine German Galushchenko met with Minister of Energy of the Republic of Moldova Dorin Junghietu. Particular attention was paid to the issues of energy security of both countries, development of alternative gas supply routes, electricity supply and integration of energy markets. The parties noted the need to coordinate cooperation with the…