Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgarian energy regulator: Gas interconnector with Greece will not be ready until June 2022

Ivan Ivanov
Photo: BGNES

The Gas Interconnector Greece-Bulgaria through which gas should be delivered from Azerbaijan, will not be ready by the middle of 2022, said the chairman of the Bulgarian Energy and Water Regulatory Commission, Ivan Ivanov.

"We agreed on the request received from the company ICGB for extension of the term for commissioning of the interconnector from Greece's Komotini to Bulgaria's Stara Zagora until June 30, 2022. This is the foreseeable period during which the interconnector Nea Mesimvria - Siderokastro - Kulata will have to be used for alternative deliveries. And they are absolutely necessary for Bulgaria, because they can have a positive impact on consumers regarding the price of natural gas". 



The capacity for deliveries on the current interconnector is reserved only until September, Ivanov warned.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Fraser Institute: Bulgaria ranks 56th in economic freedom worldwide

In its "Economic Freedom of the World, 2025" ranking , the Canadian Fraser Institute gives Bulgaria a score of 7.13 out of a maximum of 10 points. This places the country 56th out of 165. It ranks between Greece and Thailand. In 2024, Bulgaria was 52nd..

published on 10/2/25 2:59 PM

BNB decreases base interest rate by 0.01%, Bulgaria's gross external debt rises

As of October 1, the base interest rate in Bulgaria is 1.81%. The rate has been declining for the 12th consecutive month, this time by 0.01% compared to September 2025. The base interest rate in Bulgaria, which is used to calculate the annual..

published on 10/1/25 10:46 AM

U.S. State Department report analyzes the Bulgarian economy

Bulgaria’s accession to the eurozone will reduce transaction costs with key trade and investment partners, according to the annual U.S. State Department report on the investment climate in the country, reported BGNES. The report emphasizes that..

published on 10/1/25 10:11 AM