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...