Bulgaria’s gas transmission system operator Bulgartransgaz said it is planning to acquire 28 properties owned by South Stream Bulgaria, a 50/50 joint venture set up by Russia’s Gazprom and state-owned Bulgarian Energy Holding.
The properties have a total estimated value of 13.2 million levs ($8.3 million/6.7 million euro), Bulgartransgaz said in a notice on Tuesday.
According to media reports, Bulgartransgaz will use the assets for the purposes of a project for an EU-funded regional gas hub near the Black Sea port of Varna. The hub is planned to dispatch gas deliveries to to Greece, Romania, Hungary, Croatia, Slovenia and, via those countries, …read more
Source: Novinite
