EU Energy Union

Estonia, Latvia, Lithuania and Poland signed with European Commission President Jean-Claude Juncker and his deputy, Maroš Šefčovič, in charge of the Energy Union, a road map for synchronization of their grids with the Continental European Network, quoted by Econ.bg

Three-way talks involving the EU, Russia and Ukraine have ended with an agreement on the terms of gas supplies between October this year and March 2016, the EU Commission has said.

Bulgaria is among those poised to score the biggest gain from the European Energy Union in terms of energy security, improved connectedness with neighbor countries, and energy diversification, according to Maros Sefcovic, Vice President of the European Commission, in charge of Energy Union.

Bulgarian President Rosen Plevneliev is visiting Croatia to meet with counterpart Kolinda Grabar-Kitarovic.

Opportunities to build a regional energy market and to boost diversification in Southeast Europe will be among the main topics of discussion, the President's press office has said.

Bulgarian President Rosen Plevneliev said on Monday that the establishment of an EU Energy Union will bring the level of European political and economic integration to a new level.

Plevneliev stated this during his meeting with European Commission's Vice-President Maros Sefcovic and Energy Commissioner Miguel Arias Canete, the presidential press service reports.

Bulgaria is one of the most intensely interested EU countries in guaranteeing the security of energy supplies and achieving energy diversification, according to Bulgarian Prime Minister Boyko Borisov.

Foreign Minister Daniel Mitov held a working meeting with ambassadors of EU member states to Bulgaria on Monday, at which topics such as Ukraine, the Energy Union and refugees were discussed.

Tomislav Donchev, Deputy Prime Minister in charge of EU Funds and Economic Policy, has informed that European Commission Vice-President Maroš Šefčovič has been tasked with elucidating Russia's unofficial stance on the South Stream project.

Bulgarian Foreign Minister Daniel Mitov and Toomas Kukk, Ambassador of Estonia to Bulgaria, have agreed on the importance of a unified and solidarity-based approach of the EU to issues concerning it security.

Boyko Borisov, ex Bulgarian Prime Minister and leader of center-right party GERB, has vowed transparent oil and gas exploration tenders as soon as the party returns to power.

Speaking Tuesday at a round table discussion on energy security at the US Chamber of Commerce in Washington, he recommended Black Sea oil and gas fields as a great investment opportunity to US companies.