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EC gives priority of country’s needs through Ukraine, but this discuss the Southern Gas Corridor, which
is not transit from the Russian Federation.
runs between the two countries.
Bulgaria-Serbia gas link, At present, Hungary receives from Ukraine the minister mentioned the successful
According to the Ministry of Energy,
almost twice as much gas than from Serbia
Chiren gas storage upgrade via the TurkStream,” Makogon wrote on his continuation of cooperation with Greece as
a buyer of Shah Deniz gas via the Trans-
Facebook page on 20 November.
The European Commission has added He posted a graph showing that after the Adriatic Pipeline (TAP), and “highly
three Bulgarian projects, including the explosion of a new gas pipeline in Bulgaria, appreciated the participation of Greece in
construction of the gas link to Serbia, the Hungary receives the bulk of its gas from all meetings of The Southern Gas Corridor
expansion of the Chiren underground gas Ukraine. Advisory Council”, the press release said.
storage and rehabilitation of the local gas “It should be noted that Gazprom does At the meeting, the sides discussed
transmission network among the projects not transit gas through Ukraine to Hungary proposals to hold the next meeting of
of common interest, the state-owned gas from October 1, although it has fully paid the Joint Commission on Cooperation
network operator Bulgartransgaz said in a transit capacities in the amount of 24mn between the Governments of Azerbaijan
statement. cubic metres per day,” the head of the and Greece in the Economic, Industrial
The E list includes key cross-border operator stressed. and Technological Spheres.
energy infrastructure projects for building According to him, dependence on the gas The Southern Gas Corridor Closed
a more integrated and resilient internal pipeline that does not have reserve branches Joint-Stock Company was founded on
energy market and pursuing EU’s energy carries significant risks for Hungary. 31 March 2014 by the state (the Ministry
and climate goals. The fifth list, in which the “But Ukraine is always ready to help,” of Economy of the Azerbaijan Republic)
Bulgarian projects are included, comprises Makogon said. with 51% and SOCAR with 49%. SGC
98 projects: 67 projects in electricity Earlier it was reported that gas supplies is made up of several separate energy
transmission and storage, 20 in gas, six CO2 through Bulgaria to Romania, Serbia and projects representing a total investment
network projects and five smart grid projects. Hungary had been stopped due to an of approximately $40bn of which Trans-
The project for the expansion of Chiren, accident on the Bulgartransgaz gas pipeline Adriatic Pipeline (TAP) is part. Azeri
which is the country’s sole gas storage facility, that occurred on Sunday night. exports via the TAP pipeline are expected
has been delayed for years. Bulgartransgaz At the same time, Bulgartransgaz notes to reach 10 bcm in 2022, according to Gas
hopes to get funds under the Connecting that in the morning gas transportation to Market Report Q4 2021.
Europe Facility – CEF. Romania was partially restored. Bulgarian
Following the expansion, the capacity gas workers are working on the restoration of
of the Chiren storage would reach 1bn the gas pipeline. Turkey’s BDY acquires
cubic metres from current 550mn cubic
metres. This is expected to stimulate the Karadeniz LPg
diversification of gas supplies and increase EU to make Poland-Ukraine
competition, Bulgartransgaz said in a BDY Group has acquired
statement. pipeline project a priority Karadeniz LPG, a liquefied petroleum
The project for the construction of the gas (LPG) terminal in Turkey’s Giresun
gas link with Serbia aims to connect the gas The oil pipeline project between Poland province, BDY deputy chair Koray
transportation networks of the two countries, and Ukraine has been included in the Guzelderen said on November 19.
securing new capacity for transportation. proposals of the European Commission on Karadeniz LPG has a 6,000 cubic-
The new network should have capacity to priority energy projects of infrastructure metre (m3) capacity. It was launched
transport 1.8bn cubic metres of gas per year. interconnection for 2021-2027. The 15 years ago and has been operated by
So far, the project has been co-financed Adamovo-Brody pipeline will connect Switzerland-based Glencore (London/
under the CEF with €28.2mn. Ukrtransnafta in Brody (Ukraine) to the GLEN; Johannesburg/GNE) during the last
The third project, for the rehabilitation Adamovo Reservoir Park (Poland). four years.
and expansion of Bulgaria’s gas transmission Elsewhere, the Ministry of Community and In 2020, BDY bought a 100%
network, should be carried out in three Territorial Development of Ukraine signed a stake in Petgaz, which has a LPG
phases and should increase the country’s grant agreement with the EIB for the thermal storage terminal with a capacity of 64,150
annual transportation capacity to 2.4bn cubic modernisation of hospitals in Ukraine, m3, from Russia’s Oteko for $60mn.
metres. announced Prime Minister Denys Smyhal. In 2012, Oteko bought Petgaz from BP
The grant from EIB will provide €300mn Gaz Turkey, a subsidiary of BP (London/
to improve energy efficiency measures in BP).
Ukraine supplies bulk of hospitals, particularly for installing modern facility in Yarimca in western Turkey to
Later on, Oteko sold Petgaz’s storage
energy-efficient equipment, ventilation and
gas to Hungary, but it’s not lighting systems, and internal heating in local company Yeniyurt Petrol.
healthcare institutions.
In January-August, Petgaz had a 6%
Russian gas share of the Turkish LPG market with
112,756 tonnes of sales.
Ukraine supplies the bulk of gas to Hungary, Azerbaijan and Greece
but this is not transit from Russia, Serhiy
Makogon, the head of the Gas Transmission discuss Southern Gas Poland completes subsea
System Operator of Ukraine (GTSOU), has
said. Corridor part of Baltic Pipe
“After the pompous signing of a long-term
contract with Gazprom and the launch of the Azerbaijan Energy Minister Parviz Polish gas grid operator Gaz-System has
Turkish-Bulgarian-Serbian flow, Hungary Shahbazov met Greek Ambassador completed the offshore section of the Baltic
continues to receive most of the gas for the Nikolaos Piperigkos on November 21 to Pipe, a sea link to connect the gas reservoirs of

Week 47 25•November•2021 www. NEWSBASE .com P15