Infrastructure

Russian Energy Minister Alexander Novak has said that the decision to stop the construction of the South Stream gas pipeline is final.

"In my opinion, the decision which has been taken is final. We are now committed to building the pipeline with a different route," he stated, as cited by ITAR-TASS and the BGNES news agency.

Israel has made a proposal under which its gas will be transited to the EU through a new pipeline, Israeli media outlets say.

The idea includes a route going across the Mediterranean's seabed to reach Cyprus and then Greece and Italy.

Earlier in the 2010s Israel discovered significant gas deposits off its coast and has been pumping from the Tamar Deposit since 2013.

Energy Minister Yiannis Maniatis in Tuesday announced state sell-off fund TAIPED’s proclamation of a tender for the creation of a natural gas storage facility at the South Kavala reserve in eastern Macedonia.

The creation of a commercial natural gas hub in Greece will be absolutely possible in five years’ time, according to a study presented on Tuesday in Athens by the Institute for Energy in Southeast Europe (IENE).

Turkey could become a natural gas hub with its LNG terminals at the border of Greece and Bulgaria, according to an official from BOTAŞ, Turkey’s state-run gas pipeline company.

As Bulgaria braces for the first snowfall scheduled for Friday, the Road Infrastructure Agency warns about the shortage of funds for seasonal road maintenance.

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The agreement to go on with the Trans-Anatolian gas pipeline (TANAP) was signed in Turkey's biggest city Istanbul.

Six Turkish companies are to supply most (80%) of the steel pipes needed for the 1800-km-long pipeline, Hürriyet Daily News reports.

The remainder will be provided by German-based Chinese Baosteel Europe.

The Turkish government has begun preparing for a new round of large privatizations, mainly targeting infrastructure components

The Turkish government has begun preparing for a new round of large privatizations, mainly targeting components of infrastructure

Sunday's vote for parliament will determine whether Bulgaria will continue to build the Moscow-backed South Stream gas pipeline - a project opposed by the EU, the AP has said.

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