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.
Romania and Bulgaria have a chance to join the Schengen area by land as of January 2025 , Hungarian Interior Minister Sándor Pinter said after an informal meeting in Budapest of the interior ministers of Hungary, Bulgaria, Romania and Austria ...
The Sofia Christmas Festival will open tonight in the park in front of the National Palace of Culture in the heart of Sofia . The third edition of the festival starts at 6.30 pm with a rich program and attractions - а Ferris wheel, a carousel and..
Yet another, already fifth attempt by MPs to elect a Parliamentary Speaker has failed. Four candidates were put to the vote - Natalia Kiselova from BSP-Unified Left, Petar Petrov from Vazrazhdane, Raya Nazaryan from GERB and Silvi Kirilov from ITN...
According to an analysis by the Electricity System Operator, a shortage of electricity is expected as early as January and February next year. At a..
Bulgaria’s caretaker Foreign Minister Ivan Kondov and his Albanian counterpart Igli Hasani confirmed the firm commitment of the two countries to the..
77 per cent of those employed in Bulgaria's secondary education system are ready to go out on strike demanding a pay rise in the sector, according to a..
Mostly Cloudy
Partly Cloudy
Rain
Cloudy
Overcast, rain