Bulgaria will build a pipeline to transport mainly Russian natural gas to Serbia from its border with Turkey after three companies, including Gazprom, filed binding offers for capacity at its gas network, officials said on Thursday, reports Reuters.
The project, which forms part of Bulgarian efforts to set up a regional gas hub and win the extension of Russia’s TurkStream to central Europe, had hinged upon its ability to sell sufficient capacity to make the pipeline commercially viable.
TurkStream is part of the Kremlin’s plans to bypass Ukraine, currently the main transit route for Russian gas to Europe and strengthen its …read more
Source: Novinite
