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

Support THE BUDAPEST Enterprise JOURNAL

Generating journalism that is worthy of the identify is a high-priced business. For 27 many years, the publishers, editors and reporters of the Budapest Small business Journal have striven to provide you small business news that operates, facts that you can rely on, that is factual, exact and offered with out dread or favor.

Newspaper businesses throughout the globe have struggled to locate a organization model that allows them to proceed to excel, without compromising their capacity to carry out. Most not too long ago, some have experimented with the concept of involving their most critical stakeholders, their visitors.

We would like to provide that similar chance to our viewers. We would like to invite you to assistance us deliver the excellent business journalism you call for. Strike our Support the BBJ button and you can pick the how a lot and how typically you deliver us your contributions.