Bulgaria Mulls Taking Stake in Alexandroupolis LNG Terminal - Energy Min
Bulgaria is looking into the possibility of participating as shareholder in the project for construction of a liquified natural gas (LNG) terminal near Greece's Aegean city of Alexandroupolis, Bulgarian energy minister Temenuzhka Petkova said. The project will allow Bulgaria to diversify its natural gas supplies, Petkova said during a meeting with US ambassador Eric Rubin on Wednesday. The Alexandroupolis LNG terminal and the planned gas link to Greece will contribute to the energy security of both Bulgaria and the region, Petkova noted. The gas interconnector Greece-Bulgaria is expected to become operational in the second half of 2020. The Alexandroupolis LNG terminal project is planned to comprise an offshore floating unit for the reception, storage and re-gasification of LNG and a system of a subsea and an onshore gas transmission pipeline through which the natural gas will be shipped into the Greek National Natural Gas System.