Podcast in English

Bulgarian National Radio © 2022 All Rights Reserved

Balkan Stream expected to pay off in 10 years

Photo: library

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.

More from category

Protest before government meeting of Bulgaria and North Macedonia

The youth committee of the VMRO party organized a protest near the Boyana residence ahead of a joint meeting of the governments of Bulgaria and North Macedonia. In a letter, they want a meeting with Prime Ministers Kiril Petkov and..

published on 1/25/22 9:23 AM

More than 11,000 new Covid infections registered for a day

There were 11,049 new coronavirus cases registered in the country in the past day. 78% or 8,639 of them were among the non-vaccinated. The newly-infected were 8,202 more in comparison to a day earlier. More than 24% of the 45,885..

published on 1/25/22 8:52 AM

Governments of Bulgaria and North Macedonia meet in Sofia

The governments of Bulgaria and North Macedonia meet today at the Boyana Residence in Sofia. According to the program, Prime Ministers Kiril Petkov and Dimitar Kovacevski will speak in private. In addition, the four working groups in the fields of..

published on 1/25/22 7:50 AM
Подкасти от БНР