EU countries will build new gas pipelines to eliminate Russian gas dependence.

Monday, May 2, 2022
EU countries will build new gas pipelines to eliminate Russian gas dependence.

 Countries in Eastern Europe are partnering up to develop projects and share resources to counter the Russian dominance in the gas market and curb the EU’s reliance on Russian supply. A natural gas pipeline between the Greek-Bulgarian border should be ready by June, which aims to provide the two countries and their neighbors with access to new grid connections. Romania and Bulgaria will team up against Russian market dominance. Bulgarian and Romanian leaders have announced plans to work together to reduce Russia’s pressure on the gas market. Poland and the Czech Republic are set to restart their talks on building the Stork II gas pipeline. Czech Prime Minister Petr Fiala said his country was also interested in buying capacity in Poland’s expanded or newly built LNG terminals.

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
Ukraine has received an €88.5M grant from the World Bank fund and expects €495M more.

Ukraine has received an €88.5M grant from the World Bank fund and expects €495M more.

Next post
The EU might abandon Russian oil by the end of the year.

The EU might abandon Russian oil by the end of the year.

Previous Main Topics