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New pipeline from Greece to Bulgaria offsets Russian gas cut
ABC News ^ | 12-JUL-2022 | The Associated Press

Posted on 07/14/2022 6:51:03 AM PDT by SpeedyInTexas

The leaders of Greece and Bulgaria on Friday marked the completion of a new pipeline that will supply natural gas from Azerbaijan to Bulgaria, whose vital supply of Russian gas was cut off in April amid the fallout over Russia's invasion of Ukraine.

Greek Prime Minister Kyriakos Mitsotakis stressed the importance of the new link as an alternative supply line for Bulgaria, as neighboring Greece jockeys to become a regional energy transport hub.

Greece is also building a liquefied natural gas terminal off the northeastern port of Alexandroupolis, near Komotini, which Mitsotakis said would in the future provide additional gas for the new Greek-Bulgarian pipeline.

(Excerpt) Read more at abcnews.go.com ...


TOPICS: Egypt; Israel; News/Current Events; Russia; War on Terror
KEYWORDS: 8timespipedgasprice; azerbaijan; bulgaria; cyprus; deathtoputin; dopium; eastmed; eastmedpipeline; egypt; energy; energyschadenfreude; erdogan; europe; europeanunion; greece; henryhubisat6point8; hopium; iran; iraq; israel; ivanprestonski; kurdistan; kyriakosmitsotakis; lebanon; lng; naturalgas; pipeline; receptayyiperdogan; russia; russianaggression; sanctions; ttfisat53; turkey; unicornfarts; waronterror; yemen
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Energy markets being remade.
1 posted on 07/14/2022 6:51:03 AM PDT by SpeedyInTexas
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To: SpeedyInTexas
Energy markets being remade.

Maybe in Joe Biden's mind

Greece makes olive oil, not motor oil.

Carry on.

2 posted on 07/14/2022 6:56:13 AM PDT by JonPreston
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To: SpeedyInTexas
Fossil fuels....no windmills....no solar panels....

At least they're realistic....unlike Brandon.

3 posted on 07/14/2022 6:56:51 AM PDT by Sacajaweau ( )
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To: SpeedyInTexas

Apparently Israel has large off shore gas deposits. Anyone know the real reason the planned pipeline to Greece and Europe has been stalled?


4 posted on 07/14/2022 6:57:14 AM PDT by allendale
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To: SpeedyInTexas

I’m surprised their woke-leftists couldn’t find some fish or mouse which would be affected by the pipeline, so they could cancel the whole project.

They need to step it up.


5 posted on 07/14/2022 7:00:21 AM PDT by PGR88
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To: allendale
https://www.allisrael.com/israel-s-eastmed-gas-pipeline-to-europe-is-too-expensive-not-viable-according-to-top-us-diplomat - April 11, 2022

https://www.gatestoneinstitute.org/18232/israel-europe-gas-pipeline - February 15, 2022

Our girl Victoria Nuland has her fingerprints all over the dead body.

6 posted on 07/14/2022 7:07:59 AM PDT by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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To: allendale

“Greece and Europe has been stalled”

Turkey.


7 posted on 07/14/2022 7:11:42 AM PDT by SpeedyInTexas (The Only Good RuZZian is a Dead RuZZian)
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To: Sacajaweau

“Fossil fuels....no windmills....no solar panels....
At least they’re realistic....unlike Brandon.”

Yep.

I will say I have nothing against windmills. Extra income for farmers who want it for lease rights. But you need fossil fuel backup for when the wind doesn’t blow.

This is the hottest summer I’ve experienced in Austin in nearly 20 years I’ve lived here. Nearly every day has been above 100 this summer.

The climate pattern that has brought extreme heat this summer also reduces wind. So wind generation has been down.


8 posted on 07/14/2022 7:19:44 AM PDT by SpeedyInTexas (The Only Good RuZZian is a Dead RuZZian)
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To: SpeedyInTexas

You failed to mention the price and volume. China is set to get all the cheap and abundant gas very soon.


9 posted on 07/14/2022 7:21:22 AM PDT by NorseViking
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To: SpeedyInTexas

“Energy markets being remade.”

But they aren’t being remade fast enough to replace cheap Russian energy.


10 posted on 07/14/2022 7:23:56 AM PDT by jimwatx
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To: NorseViking
You failed to mention the price and volume. China is set to get all the cheap and abundant gas very soon.

You are bluffing. Exactly how and from what Russian gas field? As of now there is only the Power Of Siberia pipeline and it is not high volume.

11 posted on 07/14/2022 7:27:20 AM PDT by dennisw
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To: jimwatx
But they aren’t being remade fast enough to replace cheap Russian energy.

Germans and Europe have learned that Vlad's cheap energy comes at a high price. The high price of being blackmailed into accepting Russian conquest and imperialism. Thank God the Russian military is an effed up military.

12 posted on 07/14/2022 7:32:55 AM PDT by dennisw
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To: SpeedyInTexas
"In late April, Russia cut off gas supplies to Bulgaria after it refused a demand by Moscow to pay gas bills in rubles, Russia’s currency.

Relations between the two former Soviet bloc allies have tanked in recent months, and last month Bulgaria ordered the expulsion of 70 Russian diplomats, triggering an angry response from Moscow."

13 posted on 07/14/2022 7:35:54 AM PDT by McGruff (Don't underestimate Joe's ability to f*** things up - Barack Obama)
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To: dennisw

You’re clueless, just babbling on with your usual nonsense.


14 posted on 07/14/2022 7:42:33 AM PDT by jimwatx
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To: All

Bulgaria has no border with Azerbaijan. Turkey has its own pipeline from Russia and Azerbaijan for gas (and oil), and can connect to Greece directly.

This new pipeline would not seem to do anything other than redistribute scarce gas from Bulgaria to Greece.


15 posted on 07/14/2022 7:48:59 AM PDT by Owen
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To: jimwatx

Yawn.....


16 posted on 07/14/2022 7:51:20 AM PDT by dennisw
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To: SpeedyInTexas

Guess where Bulgaria gets it’s nat gas...


17 posted on 07/14/2022 7:53:04 AM PDT by mewzilla (We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
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To: dennisw

You still failed to mention the price and volume. Second and third Asian-bound lines are in work, and also the line to link the Asian and European pipeline systems inside Russia.


18 posted on 07/14/2022 7:53:09 AM PDT by NorseViking
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To: NorseViking

My RuZZian “friend”.

I think the article mentioned 3 BCF initially and expandable to 5 BCF. It didn’t mention price.

The Azi piped nat gas should be reasonably priced.

The LNG terminal being built will be for higher priced LNG. But price isn’t the most important aspect. Reliable supply is the important part.


19 posted on 07/14/2022 7:53:25 AM PDT by SpeedyInTexas (The Only Good RuZZian is a Dead RuZZian)
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To: Owen

“This new pipeline would not seem to do anything other than redistribute scarce gas from Bulgaria to Greece”

Don’t you have that backwards.

Isn’t Greece the hub to send gas to Bulgaria.


20 posted on 07/14/2022 7:55:14 AM PDT by SpeedyInTexas (The Only Good RuZZian is a Dead RuZZian)
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