Interconnector

The much-anticipated launch of the Bulgaria-Serbia Interconnector (IBS) witnessed a significant ceremony graced by the presence of Presidents Rumen Radev and Aleksandar Vucic from both nations. Celebrating this milestone, the interconnector spans a total length of 170 kilometers, with 62 kilometers traversing Bulgarian terrain and linking the town of Novi Iskar in Bulgaria to Nis in Serbia.

PIROT - Serbian Minister of Mining and Energy Dubravka Djedovic Handanovic announced on Wednesday works on a natural gas measurement and regulation station near Pirot, southeastern Serbia, had been completed and that a gas interconnector with Bulgaria was expected to start trial operation soon.

BELGRADE - Serbian PM Ana Brnabic said on Friday Serbia and North Macedonia would work together to resolve the issue of a gas transit fee introduced by Bulgaria.

Brnabic said this at a press conference with North Macedonian counterpart Dimitar Kovacevski in Belgrade.

BELGRADE - Serbian Minister of Mining and Energy Dubravka Djedovic Handanovic said on Thursday the construction of a Serbia-Bulgaria gas interconnector would be completed in mid-November.

The European Commission's Directorate-General for Energy (DG Energy) has announced that it has been proposed that the power interconnector planned by Greece and Egypt, dubbed GREGY, be included in the European Union's list of Projects of Mutual Interest (PMI).

The list is expected to be endorsed by the European Parliament and the European Council within the next two months.

Nexans said on Wednesday it has won a contract worth 1.43 billion euros for the section of the EuroAsia Interconnector that will connect Greece and Cyprus.

Subsea cables will be manufactured at Nexans' facilities in Halden in Norway and Futtsu in Japan.

The Greece-Bulgaria interconnector (IGB) will be a game-changer in the energy market, George Satlas, executive officer and board member of ICGB AD, the manager and commercial operator of the natural gas pipeline, told the Athens-Macedonian News Agency in an interview.

Greece's Independent Power Transmission Operator (ADMIE) will hold a strategic 25% stake in the share capital of the EuroAsia Connector, the company managing the project for the electric interconnection of Greece, Cyprus and Israel and the energy ministries of Greece and Cyprus announced on Thursday.

"Bulgargaz" proposed a 15% reduction in the price of gas in June, and the state energy regulator EWRC approved the proposal at its meeting today.

BELGRADE - Serbian Minister of Mining and Energy Dubravka Djedovic met with Bulgarian Energy Minister Rosen Hristov on Tuesday to discuss the progress of works to build a Serbia-Bulgaria gas interconnection as well as opportunities for further advancement of regional cooperation when it comes to natural gas supplies.