ADVERTISEMENT

Bulgartransgaz completes deal for participation in Greek LNG terminal project

Energy Trade

Gastrade, the Greek company developing the floating liquefied natural gas (LNG) terminal off the city of Alexandroupolis, announced last week that the deal for the participation of Bulgarian gas transmission system operator Bulgartransgaz with 20% in its share capital was completed.

The participation of state-owned Bulgartransgaz in Gastrade is a solid proof of the regional profile of the project and it constitutes a catalyst for the integration of Southeast European gas markets, securing energy liquidity and pluralism throughout the region, Gastrade said in a statement.

Earlier this month, Bulgaria's competition authority granted approval to Bulgartransgaz to exercise joint control of Gastrade together with Greece's DEPA Commercial, GasLog Cyprus Investments and private individual Asimina-Eleni Kopelouzou. Under the terms of the transaction, Bulgartransgaz was acquiring the 20% stake from Asimina-Eleni Kopelouzou, owner of 60% interest in Gastrade

Avg Gross Earnings Continue to Climb in March Figures

Avg Gross Earnings Continue to Climb in March

EC Advances Infringement Procedure Over Hungary's Sovereignt... EU

EC Advances Infringement Procedure Over Hungary's Sovereignt...

Hell Energy Inaugurates HUF 80 bln Capacity Expansion Manufacturing

Hell Energy Inaugurates HUF 80 bln Capacity Expansion

Puskás Arena to Host 2026 Champions League Final In Budapest

Puskás Arena to Host 2026 Champions League Final

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.