Text size

First LNG delivery from the Alexandroupolis terminal arrives in Bulgaria

published on 10/3/24 3:39 PM

Photo: Gastrade/BTA

Bulgaria has today received its first delivery of natural gas from the new Alexandroupolis terminal in Greece. The facility has been in commercial operation since 1 October this year and Bulgaria owns 20% of the project, which diversifies LNG supplies to Southeast and Central Europe.

The state-of-the-art facility has a maximum regasification capacity of 5.5 billion cubic metres per year. The gas pipeline can also supply Romania, North Macedonia, Serbia, Moldova and Ukraine to the east and Hungary and Slovakia to the west.

Sofia's decision to become a shareholder is seen as strategic in view of possible supplies from the US, Qatar, Egypt and other producers. It is also part of a strategy by the countries of south-eastern Europe to diversify away from Russian gas.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy alexandroupolis first delivery gas lng supply

More from category

Minister Petar Dilov: VMZ-Sopot will not be privatized

There are no plans for the privatization of the Vazovski Machine-Building Plants (VMZ) in Sopot, and the information circulating in this regard is speculative, said Bulgaria’s Minister of Economy and Industry Petar Dilov at a working meeting..

published on 4/8/25 12:04 PM

Only 27 out of 100 real estate transactions in Bulgaria involve mortgage loans

In 2024, the real estate market in Bulgaria registered a significant rise, with prices increasing by around 16%, and the number of real estate transactions going up as well. Real estate prices along the Black Sea coast have continued to grow,..

published on 4/5/25 10:24 AM

Real estate prices along the Black Sea coast have continued to grow, though more gradually

The real estate market in Bulgaria has steadily been growing in the past few years. There has been talk of a price bubble, inflated to serious proportions at the time of the pandemic, though expectations that it is going to burst have come to nothing...

published on 4/3/25 7:15 AM