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Project Insights

Ball in Hungary’s court after Bulgaria takes FID on South Stream Lite

Bulgartransgaz has taken an FID on its section of the pipeline, meaning all eyes are now on Hungary, which has yet to make progress on its segment Bulgartransgaz has taken an FID on its section of the pipeline, meaning all eyes are now on Hungary, which has yet to make progress on its segment.
By Silvia Favasuli 5 February 2019 Europe & Russia / Pipelines, Storage & Power 0 33906
Work on the offshore section of TurkStream. (Gazprom)

Bulgaria’s commitment to upgrading its pipeline network represents a key piece of the puzzle for Gazprom in its efforts to ship gas from the TurkStream pipeline into Central and Eastern Europe.

Bulgarian transmission system operator (TSO) Bulgartransgaz said on Thursday that it had taken an FID on a project to develop its gas transmission system after having received binding bookings for all the capacity it made available at Bulgaria’s Turkish and Serbian borders. The work will involve a combination of new pipelines, new compressor stations and...