Bulgartransgaz completes offer for participation in Greek LNG terminal undertaking

Power Trade

Gastrade, the Greek company establishing the floating liquefied pure gas (LNG) terminal off the metropolis of Alexandroupolis, declared very last 7 days that the offer for the participation of Bulgarian gas transmission technique operator Bulgartransgaz with 20% in its share funds was completed.

The participation of point out-owned Bulgartransgaz in Gastrade is a stable proof of the regional profile of the project and it constitutes a catalyst for the integration of Southeast European gas marketplaces, securing strength liquidity and pluralism throughout the area, Gastrade stated in a assertion.

Before this thirty day period, Bulgaria’s levels of competition authority granted acceptance to Bulgartransgaz to exercising joint command of Gastrade jointly with Greece’s DEPA Business, GasLog Cyprus Investments and personal specific Asimina-Eleni Kopelouzou. Under the phrases of the transaction, Bulgartransgaz was attaining the 20% stake from Asimina-Eleni Kopelouzou, proprietor of 60% fascination in Gastrade


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