Alexandroupolis LNG Terminal Set to Reopen in May

Alexandroupolis LNG Terminal Set to Reopen in May

Business

The Alexandroupolis LNG terminal is expected to resume operations in May after being closed due to technical issues in late January. Energy Minister Zhecho Stankov stated that investigations are underway to determine whether the problem is technical or related to the pumps' manufacturing. This came in response to a question by Radoslav Ribarski from Continue the Change - Democratic Bulgaria about the suspension of natural gas deliveries, which led to redirected deliveries to a Turkish terminal under Bulgaria's agreement with Botas, CE Report quotes BTA

Stankov assured that Bulgaria acted swiftly to secure the necessary natural gas supplies for domestic use. He also highlighted that costs related to the redirection will be invoiced and covered through Bulgargaz, ensuring that Bulgaria will not incur losses.

Tags

Related articles

"Rebrain Greece" Connects Greek Professionals with Jobs
Over 1,300 Greeks working in London and 26 companies from Greece participated in the third consecutive "Rebrain Greece" event, organized by the Ministry of Labor & Social Insurance.
EU to Review Defense Spending Flexibility Requests
EU member states wishing to activate the newly introduced escape clause for defense spending must submit applications to the European Commission by the end of April.
Sofia Tech Park Marks 10th Anniversary with Year-Long Campaign
Sofia Tech Park is celebrating its 10th anniversary in 2025 with a year-long campaign under the theme "Ten years of supporting innovation and entrepreneurship."
Russia Targets Moldova’s Economy Again, Blocking Transporters
Russia has imposed new restrictions on Moldovan carriers, preventing them from delivering goods to Russia.
BICA Honors 2024 Business to the Rules Award Winners
The Bulgarian Industrial Capital Association (BICA) presented its 2024 Business to the Rules Awards in Sofia on Thursday, recognizing efforts to combat the informal economy.
Zhang Yiming Becomes Richest Person in China
Zhang Yiming, the founder of ByteDance and owner of TikTok, has become the richest person in China, according to the Bloomberg Billionaires Index.
New Chair of Bulgaria's Fiscal Council Elected
On Thursday, the Bulgarian Parliament elected Simeon Djankov as the new chair of the Fiscal Council, following a nomination by the GERB-UDF parliamentary group. Djankov secured 118 votes in favor, with 17 against and 12 abstentions.