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Region: Greece highlights importance of gas interconnector with North Macedonia for European energy resilience

Dimitris Skalkos, Secretary General for International Economic Affairs at the Greek Ministry of Foreign Affairs, emphasized the strategic significance of the upcoming gas interconnector with North Macedonia, stating it will bolster the resilience of Europe’s energy system. His remarks were made during the 11th Ministerial Meeting of the Southern Gas Corridor Advisory Council and the […]

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Greece to launch offshore oil and gas exploration tender near Crete following Chevron interest

Greece is preparing to open a tender for offshore oil and gas exploration in the waters south of Crete by the end of April, Energy Minister Stavros Papastavrou announced at the 10th Delphi Economic Forum. The move follows a formal expression of interest from U.S.-based energy giant Chevron. Minister Papastavrou stated that the first government

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Croatia secures €125 million in grants for energy infrastructure and LNG expansion projects

Croatia has signed contracts totaling €125 million in non-refundable grants for two key energy initiatives under its National Recovery and Resilience Plan. These projects focus on the modernization and digital transformation of the national electricity transmission system, and the expansion of the liquefied natural gas (LNG) terminal on the island of Krk. The larger of

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Bulgaria: Energy Minister highlights regional gas infrastructure and cooperation to boost energy security

At the Delphi Economic Forum in Greece, Bulgarian Energy Minister Zhecho Stankov underscored the strategic importance of maximizing the use of existing gas infrastructure to enhance energy security across the region. He revealed that Bulgaria is close to sealing an agreement with Shell for natural gas exploration in the Black Sea, reflecting growing international interest

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Bosnia and Herzegovina: Croatian officials discuss energy cooperation and Southern Gas Interconnection in Mostar

HDZ BiH leader Dragan Covic met in Mostar with Croatian Economy Minister Ante Susnjar and Ivica Arar, CEO of Croatia’s natural gas transmission system operator Plinacro. The meeting focused on energy cooperation, with Plinacro identified as a crucial partner in Bosnia and Herzegovina’s energy transition and the Southern Gas Interconnection project. According to a statement

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Serbia begins expansion of Banatski Dvor gas storage facility to boost reserves and supply security

Serbia has officially launched the long-awaited expansion of its only gas storage facility in Banatski Dvor, a critical project aimed at addressing the rising industrial demand for gas and the growing number of households joining the gas network. The expansion will double the current storage capacity, adding 12 new boreholes. Equipment procurement is already secured,

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Serbia: Transportgas achieves certification as independent transmission system operator

The certification of Transportgas as an independent transmission system operator has been successfully completed, with the Energy Community confirming the achievement. This milestone was a central topic of discussion during a meeting between Serbia’s Minister of Mining and Energy, Dubravka Djedovic, and the newly appointed director, Zoran Jovcic. This certification, granted by the Energy Agency,

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Bulgaria: Natural gas prices could drop further, heating hike requests lack justification

Plamen Mladenovski, the newly appointed Chairman of the Bulgarian Commission for Energy and Water Regulation (KEVR), has said that natural gas prices in the country could decrease by at least 10% in the near future, as global market prices continue to decline. He pointed out that KEVR has already reduced natural gas prices for April

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Bosnia and Herzegovina: Aarhus Center criticizes Southern Gas Interconnection project

The Aarhus Center in Bosnia and Herzegovina (BiH) has raised serious concerns about the planned Southern Gas Interconnection project between Croatia and the Federation of Bosnia and Herzegovina (FBiH), questioning both its economic feasibility and environmental sustainability. The project, jointly promoted by Croatian operator Plinacro and BH-Gas, envisions a 243-kilometer pipeline with a capacity of

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Europe: Gas prices plunge amid global market turmoil and US tariff concerns

European natural gas prices began the week with a sharp decline, driven by a broader global market sell-off sparked by the United States’ recent introduction of reciprocity-based tariffs. At the Title Transfer Facility (TTF) in the Netherlands, Europe’s most liquid gas trading hub, May contracts opened at 35 euros per megawatt-hour (MWh), marking a drop

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