Right this moment, the contracts had been signed with the contractors of the undertaking – two Bulgarian-American corporations
Two important ones the contract to construct the The vertical fuel hall – for the loops Kulata-Kresna and Rupcha-Vetrino had been signed right now. With this, the actual actions to extend the capacities between Greece and Bulgaria and Bulgaria and Romania have began, after the completion of which the Bulgarian fuel transmission infrastructure will have the ability to provide extra portions of liquefied pure fuel from dependable sources, together with the USA, Azerbaijan, Egypt and others. The signing of the paperwork was within the presence of the Prime Minister Dimitar Glavchev, the Minister of Power Vladimir Malinov, the Chairman of the Fee for Power and Water Regulation Ivan Ivanov, the Deputy Ambassador of the USA Andria Brulet-Rodriguez, the Ambassadors of Hungary – Miklos Boros, of Ukraine – Olesya Ilashchuk, for Moldova – Anatol Chebuk and for Greece – Alexios Liberopoulos, in addition to the deputy ambassador of Slovakia, Mr. Daniel Orszag.
The implementation of the Vertical Fuel Hall undertaking upgrades and expands the present fuel transit infrastructure of the seven international locations to create a brand new, higher-capacity transit fuel hall that might reverse the course of fuel stream in some sections and permit the transportation of bigger volumes of fuel from Greece and Turkey to Bulgaria, Romania, Moldova and Ukraine.
“The initiative of the fuel transmission operators of Bulgaria, Greece, Romania, Hungary, Slovakia, Ukraine and Moldova will assure power safety via diversified provides in the long run,” Prime Minister Dimitar Glavchev stated throughout the ceremony. He emphasised that after the deliberate termination of the transit of Russian pure fuel via Ukraine from the start of 2025, the Vertical Fuel Hall, the initiator of which is Bulgaria, will set up itself as an infrastructure of main significance for the whole area.
The Council for Growth on the CU has already permitted state ensures throughout the draft finances for subsequent yr and it will present a possibility for engaging financial institution financing. An interdepartmental working group was additionally created, the principle goal of which is to synchronize the actions of the state establishments concerned within the undertaking with the goal of finishing it throughout the stipulated time.
The vertical fuel hall is a strategic initiative of the fuel transmission operators of Bulgaria, Greece, Romania, Hungary, Slovakia, Ukraine and Moldova, which goals to enhance safety and diversify the sources and routes for transferring extra portions of pure fuel from the south to the north. On the finish of Might 2024, the Bulgarian fuel transmission operator “Bulgartransgaz” EAD efficiently finalized crucial public procurement in reference to the implementation of the undertaking – for structural planning, funding design, provide of the mandatory supplies and gear, development and commissioning of recent objects for the enlargement of the fuel transmission infrastructure. The contracts signed right now for looping from Kulata to Kresna and from Rupcha to Vetrino are with contractors DZZD “Hill Worldwide – GBS 1” and DZZD “Hill Worldwide – GBS 3” respectively (associations through which Bulgarian and American corporations take part). The whole worth of the 2 contracts is sort of BGN 485 million.
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