1 March 2010
Bulgarian natural gas deals advance the Nabucco cause
Bulgaria is the second Nabucco transit country, after Hungary, to ratify the agreement to build the pipeline; the intergovernmental agreement was signed by the project's host countries – Turkey, Bulgaria, Romania, Hungary and Austria – in July 2009 (PE 8/09 p26). Romania looks set to be next to ratify the agreement, with an approved draft law soon to go before parliament. The EU-backed Nabucco pipeline aims to transport up to 31bn cubic metres of gas a year (cm/y) of gas from Caspian-basin and Middle Eastern countries direct to central Europe, avoiding Russian territory. In early February, Bulgaria's new prime minister, Boyko Borisov, visited Istanbul to sign three joint energy-infrastructu
Also in this section
23 April 2026
The addition of an oil pipeline to the Power of Siberia 2 gas project could ensure deliveries of Russian oil to China, materially shorten logistics lines between West Siberia and final customers, and—amid disruption in the Strait of Hormuz—offer a land-based export route that reduces exposure to maritime chokepoints
23 April 2026
There is a clear push to bolster exports to Asia amid uncertainty around its North American neighbour, but there are limits to the benefits from the energy crisis
23 April 2026
Shell made the play-opening discovery in Namibia’s Orange basin back in 2022, but its next well could decide whether the project can actually be commercialised
22 April 2026
The failure of OMV Petrom’s keenly watched exploration campaign at Bulgaria’s Han Asparuh block highlights the Black Sea’s uneven track record, despite major successes like Neptun Deep and Sakarya






