Fuels

European Union countries gave final approval on Tuesday to a key law to end sales of new cars emitting carbon dioxide emissions in 2035, after Germany won an exemption for cars running on e-fuels, Reuters reported.

The Energy and Water Regulatory Commission will consider Bulgargaz's report on the price of blue fuel in April. The proposal of the public supplier is in the amount of BGN 103 per megawatt hour. This is a price that is nearly 3% lower than the one approved for March, writes Nova TV.

However, the final decision will be made on April 1.

Tax inspectors have shut down an illegal gas station in Western Attica that sold €18 million worth of fuel since opening in 2010.

An inspection revealed that the filling station did not have an operating license, lacked an input-output monitoring system and issued receipts from a cash register that did not transmit data to the Independent Public Revenue Authority.

Turkey will hold a natural gas summit on February 14-15 to bring together gas supplier countries and Europe's consumer countries in Istanbul, Turkish Energy Minister Fatih Donmez said on Monday.

"We will bring together supplier countries from the Middle East, Mediterranean, Caspian and Middle Asia with consumer countries from Europe," Donmez said.

The government has approved the construction of a floating gas and regasification unit (FSRU) off Corinth after a fast-track process, the Development Ministry said on Friday.

As demand grows for liquefied natural gas (LNG) in Europe amid the war in Ukraine, Greece has relied heavily on its sole LNG terminal off Athens, Revithoussa, to replace Russian gas imports.

Shipping companies are still waiting for "real green" fuel solutions as part of decarbonization efforts to clean up the industry, a leading industry official said.

Shipping, which transports around 90% of world trade and accounts for nearly 3% of the world's CO2 emissions, is under growing pressure from environmentalists to deliver more concrete action, including a carbon levy.

Climate activist Greta Thunberg was among climate activists detained during protests against the expansion of a coal mine in Luetzerath on Tuesday, according to German police, reported CNN affiliate N-TV.

The 36-kilometer pipeline and measurement station that will transfer the natural gas extracted from the Black Sea to the national system has been completed.

For the passage of the pipeline, many obstacles such as roads, rivers and swamps were overcome, while an "automatic welding machine" was used for the first time for "zero error."

Bulgaria's Parliament on Thursday decided to demand that country's government renegotiate the energy part of an EU-funded post-pandemic recovery plan, to save the country's coal-fired power plants from closure.

European countries continue to draw blue fuel from underground natural gas (GNG) storages at minimal rates, and wind power generation in the region exceeds 30% of the total, reaching one of the highest levels since 2022, data from Gas Infrastructure Europe shows and the European Wind Energy Association.