Financing could stymie FYR Macedonia-Bulgaria link

Plans for a second gas interconnector between FYR Macedonia and Bulgaria may struggle to attract funding Plans for a second gas interconnector between FYR Macedonia and Bulgaria may struggle to attract funding.
By Dariusz Kalan 4 September 2017 0 27425
Sections of the Negotino-Klecovce pipeline, FYR Macedonia Sections of the Negotino-Klecovce pipeline, FYR Macedonia. (Stroytransgaz)

Questions over financing and profitability are standing in the way of the planned second gas interconnector between Bulgaria and FYR Macedonia, analysts say. 

The neighbouring Balkan states, which have had a historically fraught relationship, signed an energy memorandum on 1 August. However, the agreement leaves a lot to be desired, according to Martin Vladimirov, energy analyst at the Sofia-based Center for the Study of Democracy

The core of the energy memorandum is a plan to build a second gas interconnector between the two...

Log in or register for a free trial to continue reading this article

Not a subscriber?

To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.

Sign up