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The EC approved 16 Million Euros for the Expansion of the Bulgarian Gas storage Facility in Chiren

The European Commission has approved, in accordance with EU state aid rules, a Bulgarian measure in the amount of 16 million euros to support the expansion of the Bulgartransgaz gas storage facility in Chiren. Bulgartransgaz will invest around 285 million euros to expand the capacity of the gas storage facility in Chiren, which is the only natural gas storage facility in Bulgaria. Storage capacity is expected to grow from 550 million to 1 billion cubic meters….