Contract for regional gas pipeline to be signed this week

Recycling

Bulgarian Prime Minister Boyko Borisov said on Sunday (September 1) that a contract for a gas pipeline running from Turkey through Bulgaria to Serbia, and then on to Hungary and Austria, is expected to be signed on September 5, local news site Novinite.com reported. 

Speaking at the 12th Summer University of the GERB youth organization, Borisov added that he is currently working on this very important energy project that will ensure diversification of supplies.

The PM also commented on the countryʼs Belene Nuclear Power Plant project, saying that many countries are interested, and there are many proposals.

Sofia revived the Belene project last year after Bulgariaʼs Parliament said investors should be sought to help the state make use of the two reactors, for which it paid more than EUR 620 million in compensation to Russia’s Rosatom after scrapping the original project in 2012.

Thirteen applications have been submitted for participation in the Belene project, Energy Minister Temenuzhka Petkova said on August 20.

ADVERTISEMENT

Varga puts 2021 GDP growth at 7-7.5% Analysis

Varga puts 2021 GDP growth at 7-7.5%

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

New managing director at the helm of Wolt Hungary Appointments

New managing director at the helm of Wolt Hungary

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

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.