Text size

First LNG delivery from the Alexandroupolis terminal arrives in Bulgaria

published on 10/3/24 3:39 PM

Photo: Gastrade/BTA

Bulgaria has today received its first delivery of natural gas from the new Alexandroupolis terminal in Greece. The facility has been in commercial operation since 1 October this year and Bulgaria owns 20% of the project, which diversifies LNG supplies to Southeast and Central Europe.

The state-of-the-art facility has a maximum regasification capacity of 5.5 billion cubic metres per year. The gas pipeline can also supply Romania, North Macedonia, Serbia, Moldova and Ukraine to the east and Hungary and Slovakia to the west.

Sofia's decision to become a shareholder is seen as strategic in view of possible supplies from the US, Qatar, Egypt and other producers. It is also part of a strategy by the countries of south-eastern Europe to diversify away from Russian gas.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy alexandroupolis first delivery gas lng supply

More from category

BNB forecasts higher economic growth in Bulgaria in 2025

The Bulgarian National Bank (BNB) has revised upwards its expectations for Bulgarian economic growth in 2025 but lowered its GDP growth forecast for 2026, it transpired from the Bank's regular quarterly Macroeconomic Forecast. In its March..

published on 4/25/25 9:47 AM

Bulgaria’s debt for 2024 amounts to 24.1% of the GDP

Bulgaria’s debt for 2024 amounts to BGN 48.846 billion (EUR 24 billion), or 24.1% of the country’s GDP, preliminary data from the National Statistical Institute (NSI) show. In 2023, the country's debt was BGN 42.383 billion (EUR 20.8 billion), or..

published on 4/22/25 12:16 PM

62% of Bulgarian workers earn less than the living wage

A working individual living in a one-person household needs a net monthly income of 1,521 BNG (EUR 747) to cover basic needs. A three-member household needs 2,738 BGN (EUR 1,344). The income needed to cover minimum living costs increases by..

published on 4/22/25 11:21 AM