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Greece-Bulgaria gas interconnector operational from 1 July
The gas connection between Bulgaria and Greece will start operating on 1 July, with Bulgaria poised to receive one billion cubic meters of gas from Azerbaijan – enough to meet the country’s needs during summer, with prices expected to be…
Kick-off Ceremony Held for Realization of Alexandroupolis FSRU in Greece
The kick-off ceremony for the realization of Gastrade SA’s LNG FSRU facility in Alexandroupolis, Greece, was held on Tuesday, May 3, 2022, in the old Storage House of the Alexandroupolis Port Customs. Once delivered, the FSRU, with a capacity of…
EBRD and Ascendis Launch Regional IncubatorX SME Programme
The European Bank for Reconstruction and Development (EBRD) and Ascendis, a training and consulting company, today launched IncubatorX SME, a programme through which companies in Bulgaria, Croatia, Romania and Serbia can engage with top entrepreneurs and consultants, who will support them in turning their ideas into…
New Funds for Saint Nikola Wind Farm
To boost Bulgaria’s renewable energy sector, the European Bank for Reconstruction and Development (EBRD) has committed new funds to the 156 megawatt (MW) Saint Nikola wind farm located in the Kavarna region of northeast Bulgaria. The Bank had supported the…
EBRD to Acquire Stake in Bulgaria’s Euroins Insurance Group
The European Bank for Reconstruction and Development (EBRD) signed an agreement to acquire a minority stake in Bulgaria’s Euroins Insurance Group (EIG), one of the largest independent non-life insurance groups in central, eastern and south-eastern Europe. The EBRD is investing…
Back to Nature in the Big City
“Nature-based solutions” is a term for all solutions that use the natural world to mitigate the effects of climate change. It sounds rural, but the phrase covers multiple possibilities, from tree planting to soak up carbon emissions to flood protection…
Second SEEGAS Stakeholder Meeting Generates Widespread Interest in Boosting Regional Gas Market Cooperation
Gas experts continued their efforts to harmonise views and practices in relation to the development of a common and integrated South East and East European gas market during the second SEEGAS Stakeholder Meeting on 10 March 2021. The first panel…