Bulgaria's energy ministry has opened a public procurement procedure to select a consultant to carry out the feasibility study for the construction of an interconnector pipeline between the gas networks of Bulgaria and Serbia on Bulgarian territory, the ministry said. Offers will be accepted by August 29. The EUR 2.5mn feasibility study will be financed under the countrys regional development operational programme. The gas link will be 150 kilometres long, 50 kilometres of which are on Bulgarian territory. It will supply 1.8bn cubic metres of gas annually. The construction of the Bulgarian stretch of the pipeline will cost EUR 60mn, also financed under the regional development programme. Construction works are expected to start in 2013 or 2014 and to be completed a year later. |
The EC has sent a reasoned opinion to Bulgaria over failure to comply with EU rules on the free movement of capital, the EC said on its website. The privatisation act in Bulgaria introduces ... more
Bulgaria will be seeking an extension of the court procedure filed by the EC against the country over irregularities found in the assignment of digital broadcast spectrum, transport minister ... more
Bulgarian individuals and companies hold EUR 100mn in Cypriot banks according to ECB data, BTA reported quoting Reuters. The largest EU depositors in the crisis-hit country are Greece with EUR ... more