Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Energy Minister wants removal of Bulgartransgaz management over Balkan Stream project

Caretaker Energy Minister Andrey Zhivkov
Photo: BGNES

Caretaker Energy Minister Andrey Zhivkov is demanding that the Bulgarian Energy Holding remove the management of the gas operator Bulgartransgaz EAD.

The results of a probe by the Energy and Water Regulatory Commission, made public last week, show that in the implementation of the Balkan Stream project Bulgartransgaz has not sought the preliminary consent of the energy and water regulator for the contracts concluded to carry out building works, or for the bank loans used as payment for them, which is a violation of the ordinance on licensing of activities in the energy sector. The Energy and Water Regulatory Commission probe showed that the Balkan Stream project has had a negative effect on the overall financial state of the company and has led to its over-indebtedness. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Rain, snowfall stops, sunny weather expected in most of the country

On Sunday, over most regions in Western and Central Bulgaria, the cloud cover will significantly break and decrease and it will be mostly sunny and almost quiet. In the morning hours, there will be reduced visibility in places in the plains and..

published on 12/28/24 6:05 PM

The government allocates two million for more than 20,000 households left without electricity

The Bulgarian caretaker government will allocate two million leva (about one million euros) to support the remaining 20 thousand households without electricity . The authorities are in constant contact with the regional governors of the affected..

published on 12/28/24 1:10 PM

Dozens of villages in Bulgaria still without electricity and communication network

Dozens of villages in Central Bulgaria are still without electricity, water and connection to mobile operators networks. The teams of the electricity distribution company in the Veliko Tarnovo region resumed their work this morning to eliminate the..

published on 12/28/24 11:23 AM