Bulgaria will renegotiate the price of the natural gas that will be imported from Azerbaijan as of October this year, the Executive Director of Bulgargaz Nikolay Pavlov said. The price of natural gas from Azerbaijan which was already negotiated is higher than the current price of the Russian gas which was reduced by Gazprom by 40% yesterday. That is why Bulgaria will seek to renegotiate the price of the natural gas from Azerbaijan and bind gas prices with the prices on the gas exchanges, Mr Pavlov added. Bulgaria’s Minister of Energy Temenuzhka Petkova said that each month from now on the price of natural gas will be compared with the gas prices in the gas hubs in Italy, Germany and France. Until now, the prices have depended on the value of the oil derivative only without taking into account the spot market.
A plasterboard ceiling of a wedding hall came crashing down on top of 150 guests in Kardzhali. Seven people have sustained non-life threatening injuries during the incident which took place on Monday night, among them one child. At the time of the..
A new flare-up of the big wildfire on the Greek side of Slavyanka mountain has crossed the border into Bulgaria, extending the perimeter of the fire over 120 hectares of Bulgarian territory. Heavy bulldozers are making wide clearings so as to..
More than 12,000 music fans are expected to attend the concert of Lenny Kravitz in Burgas. The event at the Marine Station in the coastal city is part of the American rock singer’s Blue Electric Light Tour. The four-time Grammy award winner is..
The traditional swim across the Danube River near Silistra will take place at 9:00 am on August 10. Those wishing to participate can register just..
The National Assembly Defence Committee has given the green light for acquiring the German IRIS-T SLM air defense missile system. The bill was adopted..
There is a high probability that this would be the last regular meeting of the Council of Ministers, caretaker Prime Minister Dimitar..
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