Azerbaijan–Georgia–Romania Interconnector

BAKU - State Secretary at Serbia's Ministry of Mining and Energy Veljko Kovacevic said on Friday in Baku that, by completing a natural gas interconnector with Bulgaria, Serbia had attained the possibility to connect to various gas supply sources, which he noted could improve its energy security and bolster its position as a gas transit country.

The French Energy Minister accused US producers of selling liquefied natural gas at four times the price of European companies

Australia is ready to supply liquefied natural gas (LNG) to European countries if they run out of Russian fuel, Federal Minister of Natural and Water Resources Keith Pitt said today.

Less than a year after it was upgraded with a third tank, the gas terminal on the island of Revythousa is confirming its strategic role as a feeder of the broader Balkan market, as on August 31 it will receive the first liquefied natural gas load destined for Bulgaria that is procured directly by a Bulgarian company.

Bulgaria plans to become a shareholder in a liquefied natural gas terminal off the coast of northern Greece by the end of the year as the Balkan country tries to diversify its energy supplies, Energy Minister Temenuzhka Petkova said on Wednesday, reports Reuters. 

Greek natural gas company Gastrade on Tuesday launched a market test for a liquified natural gas terminal it is developing in northern Greece.

Companies interested in seeking services and capacity in the terminal must submit non-binding expressions of interest within 45 days, it said.

The United States has sent a clear message of support for international interconnection projects for the transmission of natural gas from sources outside Russia - which Greece is also involved in - through Ambassador Geoffrey R. Pyatt.

Bulgarian Energy Minister Temenuzhka Petkova has insisted that the Turkish Stream gas pipeline project will be costlier than the South Stream project.

In a Monday interview for the morning broadcast of the Bulgarian National Television, Petkova argued that the Turkish Stream gas pipeline had to cross an EU Member State.

Croatian deputy prime minister Branko Grcic said on Wednesday that the cancellation of the South Stream project was "an impulse to build the LNG terminal even faster".

Grcic said that the cancellation of South Stream, which was due to take Russian gas through Bulgaria and Serbia to Europe, would make the terminal on Krk more valuable.

Azerbaijan's Energy Minister Natig Aliyev is on an official visit to Bulgaria, Tuesday.

Aliyev is to meet Prime Minister Plamen Oresharski and Energy Minister Dragomir Stoynev.