Page 7 of 9.
The new gas pipeline would supply gas from western European hubs through Slovakia into Ukraine, Romania and Bulgaria and possibly Serbia.
Security of supply may be disrupted as a consequence of tensions between EU and Russia
Grants from Iceland, Liechtenstein and Norway to countries in Central and Southern Europe
Due to non-compliance with EU environmental standards the power plant located in Bulgaria and operated by the Czech power utility CEZ has to be closed
Liberalisation of the market has been required since 2012
Norway, Iceland and Liechtenstein will support Bulgarian projects on renewable energy and energy efficiency
Bulgaria and Azerbaijan signed two agreements for the cooperaton on gas projects.
as it does not conform to European Union law.
Bulgaria's Supreme Administrative Court (VAS) has revoked the retroactive tax on revenue generated by renewable energy systems
Romania and Bulgaria among the countries with the highest reduction rates
