Fuels

China to buy US energy goods over two years

China committed to buy around $52 billion worth of energy goods from the U.S. in 2020 and 2021 amid the phase-one trade deal signed by the countries.

After 21 months of imposing reciprocal tariffs, the world's two biggest economies finally reached a trade agreement and signed a phase-one deal on Jan. 15 in Washington, D.C.

Bids for Alexandroupoli LNG terminal market test

Gastrade SA on Friday announced the launch of the second stage of the market test for the Alexandroupoli liquefied natural gas terminal it is developing. This is the binding bids phase for capacity reservations in the project.
Companies that have already expressed an interest in the first stage of the market test are eligible to submit binding offers to Gastrade.

Bulgaria Buys Share of Greek Gas Terminal

The Bulgarian government on Thursday approved the participation of the country's main energy company, Bulgartransrgaz, in the LNG gas terminal in Greece, in a move designed to reduce its dependence on gas from Russia.

Bulgaria's share of the terminal located in northern Greece, offshore from Alexandropolis, will be 20 per cent.

Study points to significant gas field off Crete

A large reserve of natural gas off the southern coast of the island of Crete bearing similar features to Egypt's Zohr gas field and Israel's Leviathan in the Eastern Mediterranean has been identified by Hellenic Hydrocarbon Resources Management (EDEY) after an analysis of seismic data from a sea area that also included the Ionian Sea.

PM Borissov: Greece-Bulgaria Interconnector Pipeline Is of Strategic Importance for Ensuring Energy Security in the Region

Prime Minister Boyko Borissov has met with U.S. Ambassador to Greece Geoffrey Pyatt on the sidelines of the 4th Thessaloniki Summit, the government press office reported.

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