Representatives of ICGB AD (Bulgaria), Bulgartransgaz EAD (Bulgaria), DESFA S.A. (Greece), Gastrade S.A. (Greece), FGSZ LTD (Hungary) and SNTGN TRANSGAZ S.A. (Romania) signed the renewal of the Memorandum of Understanding on the implementation of the Vertical Gas Corridor. The meeting took place in Athens, Greece.

Trials of the Bayraktar KIZILELMA, the first Turkish unmanned fighter aircraft developed at the national level by Baykar, have been successfully completed, Trend reports citing the company on Sunday.

Source: https://en.trend.az/world/turkey/3671293.html

Activities for the implementation of the stages specified in the Construction Permit for the Greece-Bulgaria Interconnector are progressing and are being implemented by the Greek construction company AVAX.

These activities do not interfere with the independent functioning of the gas pipeline, which is why the Ministry of Regional Development and Public Works MRDPW approved their separation into separate stages of construction.

Europe relies on natural gas supplies from Azerbaijan.

This was stated by the ex-president of the Republic of Bulgaria, Petar Stoyanov, in "Trend" on November 17, 2022.

"Azerbaijan will play a very important role as Europe's energy partner, especially when we are facing the current energy crisis. Not only Bulgaria, but also all of Europe rely on the future energy cooperation with Azerbaijan," said Petar Stoyanov.

The Middle Corridor (Trans-Caspian International Transport Route) plays an important role in the transportation of goods from China to Europe across the countries participating in the route against the background of the COVID-19 pandemic and the geopolitical situation, Logistics Director of the Turkish Albayrak Group of Companies Harun Oncu told reporters, Trend reports on November 14.

According to Oncu, geo-economic changes and current realities require the creation of new, alternative routes.

Over 1 billion kWh were transferred via the intersystem gas connection Greece-Bulgaria in the first month of commercial operation of the gas pipeline. The total amount of natural gas for the period October 1 - November 1, 2022 amounts to 1,105,908,000 kWh or 95,000,000 cubic meters.

The landmark Egypt-Greece Electricity Interconnection Project (GREGY), which is being developed by the Copelouzos Group company ELICA SA, was unveiled during the UN World Climate Change Conference COP 27 in Sharm el-Sheikh, Egypt.

Greece aims to become a hub for the transfer of electricity produced by renewables in Africa and the Middle East to Central and Western Europe, amid a drive by governments to cut dependence on Russian fossil fuels. The idea is that green energy corridors will replace the pipelines that cross the continent from east to west and from north to south. The new sources of green energy for Europe lie in the south and across the Mediterranean Sea, in North Africa and the Middle East, and the route to Europe runs through Greece.

Azerbaijan and Turkmenistan discussed the current state and prospects for the development of cooperation in energy sector, Trend reports citing Ministry of Energy of Azerbaijan.

The intermodal transport corridor Thessaloniki-Kavala-Alexandroupolis-Burgas-Varna-Rousse will soon not be just an ambitious plan, we are determined to make it a reality. This was the general opinion expressed at a meeting today between the Deputy Prime Minister for Economic Policies and Minister of Transport and Communications Hristo Alexiev and the Minister of Infrastructure and Transport of Greece Kostas Karamanlis. Rail and road connectivity, as well as cooperation between Bulgarian and Greek ports, was the main topic of the conversation.