Energy

A gas interconnector with Romania being built since 2012 will not be operational before September, sources close to the construction say.

The 25-kilometer-long connection between Bulgaria's city of Ruse and Romanian Gyurgevo was initially scheduled to be ready in end-2013 at the latest, but the deadline was extended over technical difficulties.

The EC has recommended to Serbia to suspend construction of the South Stream Pipeline until it is fully in line with European law, reports BTA quoting the Serbian daily Politika. 

South Stream puts Serbia in conflict with EU

The Energy Ministry says a controversial draft law that will lead to the destruction of olive groves “is necessary” for the construction of Turkey’s first nuclear plant planned in the southern coast amid a mounting campaign against the plans.

Two companies, Turkey's Aksoy Energy and CPL Concordia of Italy, have passed the next stage in an important competition for the announced €100 million gasification of Skopje, it was announced.

Macedonia's Transport Ministry is due to select the winning private partner for the energy project in September.

If all goes to plan, construction is expected to start early next year.

Absurd: TENT Working with Half Power, Because of Un-drained Mines Germans Offering Millions, Serbia Reluctant

Because of flooded mines in Kolubara basin, Thermal Power Plant Nikola Tesla (TENT) becomes only the half of coal it needs.

Coal mining in Bulgaria's largest energy complex Maritsa Iztok EAD has recorded an increase in the first half of 2014.

More than 12.8 million tonnes of raw material have been produced and realized in Q1 2014, BGNES reports.

The International Energy Agency cut its forecast for 2014 oil demand to 92.7 million barrels a day due to weaker than expected global economic growth.

Turkey’s electricity consumption has hit all-time record high on July 10, with over 807.8 million kWh of power used in one day, Energy Minister Taner Yıldız has announced.

Summer heatwaves that boosted air conditioner usage rates as well as rise in agricultural irrigation and industrial production have skyrocketed the electricity city consumption in the country.

Ivan Yonchev, CEO of the Bulgarian Energy Holding (BEH), has been discharged to undergo an operation, BEH has announced on his website.

Yonchev leaves the office on his own request, citing ill health and a medical intervention after which it will take long for him to recover, according to the message.