Bulgaria has some of the most competitive natural gas prices in Europe. They are significantly lower than the stock market ones and this has happened thanks to renegotiated terms with Gazprom and the contract with Azerbaijan, Energy Minister Temenuzhka Petkova has told BNT.
Consumers and businesses have already felt the positive effect, the minister added, dismissing criticism of "burying 1.5 billion euros" in the Balkan Stream project.
Minister Petkova expects revenues from the pipeline to be 4.5 billion euros, as the investment would pay off in the next 10 years. The infrastructure will be usable for the next 45 years.
Minister Petkova expects the connection with Greece at Komotini - Stara Zagora (IGB) to be built by the end of 2021.
Thousands of miners and energy workers, members of the two main trade unions, the Confederation of Independent Trade Unions in Bulgaria (CITUB) and the trade union "Podkrepa", gathered in the area between the buildings of the National Assembly and the..
The National Assembly removed its chairman Rosen Zhelyazkov from office. His dismissal was proposed by We Continue the Change - Democratic Bulgaria, Vazrazhdane and BSP for Bulgaria. 129 MPs voted in favour and 103 MPs voted against. Rosen..
''PP-DB are hypocrites. They are in a new coalition with Vazrazhdane and the Bulgarian Socialist Party. They make things much easier for me because there won't be any questions about the Movement for Rights and Freedoms, We Continue the Change,..
The Bulgarian Parliament has finally postponed the liberalisation of the energy market for one year, starting from 1 July. The decision was taken with..
Bulgaria will assist Ukraine in the process of rebuilding its energy infrastructure. This was announced after a meeting between Bulgaria’s Energy..
On Thursday , a cold atmospheric front will pass through the country. It will be rainy with thunders over the whole of Bulgaria. There..
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