Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Financial deadlines delay commercial exploitation of LNG terminal near Alexandroupolis

Photo: bulgartransgaz.bg

The commercial exploitation of the liquefied gas terminal near Alexandroupolis, which is key to Bulgaria’s energy security, will be delayed by two months. The deadlines, set for the beginning of January, are being postponed until March, 2024, BGNES reports. The reason for the delay is the updated business plan adopted on 3 November at a meeting of the board of directors of the project company Gastrade SA which is constructing the terminal. The update had to be made because of the approval, by the European Commission, of the request by the Greek side for additional state aid for the project amounting to EUR 106.1 million. The aid is granted after a significant increase in the planned expenditure for the construction and exploitation of the facility, as compared to the projected costs.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Temenuzhka Petkova

Finance Minister to present Bulgaria's euro area readiness in Brussels

Bulgarian Finance Minister Temenuzhka Petkova will travel to Brussels to provide an update on Bulgaria’s progress towards euro area accession. The Finance Ministry has confirmed that Minister Petkova will participate in the Eurogroup meeting on 17..

published on 2/17/25 7:40 AM

Snow, rain and freezing temperatures

Minimum temperatures on Monday will be between minus 4 and 1°C. In Sofia it will be around minus 3°C. The mercury will hover between -3 and 0 °C in the north. Maximum temperatures in southern Bulgaria will be between 2 and 7°C. In the capital it will..

published on 2/16/25 7:05 PM

New Russian emigration in Bulgaria pays tribute to Alexei Navalny

The one-year anniversary of the death of Russian opposition leader Alexei Navalny was marked with a memorial service in Sofia's St Nedelya Cathedral. It was organised by the movement "For a Free Russia" - an association of Russian immigrants in..

published on 2/16/25 5:39 PM