BULGARIA: Two contracts inked to implement Vertical Gas Corridor Concept

Eryani: Abduction of Political Leader a Stark Warning to Those Who Still Believe in Coexistence with Houthis

Minister of Information, Culture, and Tourism, Muammer al-Eryani, strongly condemned the Houthi militia's continued abduction of General Secretary of the Sana'a General People's Congress, Ghazi al-Ahwal, and several associates.

BULGARIA: UN Tourism Global Conference on Wine Tourism

Excellent wine practices and global trends in wine tourism will be among the topics on the second day of the 9th UN Tourism Global Conference on Wine Tourism in Plovdiv.

Gold surpasses $3,900 per ounce for first time

The price of gold jumped over the $3,900 per ounce mark for the first time today, Monday, driven by increased demand for safe-haven assets amid a U.S. government shutdown.

Paris Saint-Germain beat Barcelona 2-1 in the Champions League

Paris Saint-Germain beat Barcelona 2-1 in the second round of the Champions League for the league stage.

Last Update: ، 2025/10/09 Time 06:46:33
Latest News:

Eryani: Abduction of Political Leader a Stark Warning to Those Who Still Believe in Coexistence with ..

Vice Foreign Minister Discusses Enhanced Partnership and Migration Issues with UN High Commissioner

Al-Hadrami presents his credentials to Czech President as Ambassador to Yemen

Yemen Participates in Expert Group Meeting on Strengthening Civil Registration in Cairo

Interior Minister Discusses Enhanced Security Cooperation with US Ambassador

BULGARIA: Two contracts inked to implement Vertical Gas Corridor Concept

[06/06/2024 05:42]

SOFIA-SABA
Two contracts that will mark the start of the implementation of the Vertical Gas Corridor concept were signed at the Council of Ministers in Sofia on Thursday.

The contracts were signed between Bulgartransgaz EAD and the two contractors HILL International - GBS 1 and HILL International - GBS 3, both of which are consortiums involving Bulgarian and US companies.

The Bulgarian News Agency (BTA) reported that the Vertical Gas Corridor is a strategic initiative of the gas transmission operators of Bulgaria, Greece, Romania, Hungary, Slovakia, Ukraine and Moldova aimed at diversification and improving security of supply by transporting additional quantities of natural gas from south to north.

The signing of the documents allows the start of the spatial design and construction of part of the necessary gas transmission infrastructure - the loopings from Kulata to Kresna and from Rupcha to Vetrino - which will increase the capacity for the transmission of natural gas from Greece to Bulgaria and from Bulgaria to Romania.

BTA quoted the Bulgarian caretaker Prime Minister Dimitar Glavchev as saying " After the completion of the activities the Bulgarian gas transmission infrastructure will be able to supply additional quantities of liquefied natural gas from reliable sources, including the US, Azerbaijan, and Egypt".