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

President Rumen Radev in Vietnam

Bulgaria's President Rumen Radev begins his official visit to Vietnam

President Rumen Radev has arrived on an official visit to Vietnam . This is the first visit of a foreign head of state since the new President Leung Cuong took office in October this year. President Rumen Radev meets the Bulgarian community in..

published on 11/24/24 12:52 PM
Vazrazdane leader Kostadin Kostadinov

The Economic and Social Council with strong reaction against Vazrazhdane-proposed bill on foreign agents

The Economic and Social Council of the Republic of Bulgaria strongly criticizes the bill tabled by Vazrazhdane party on the registration of foreign agents submitted to the National Assembly. In a resolution, the Council described the proposals as..

published on 11/24/24 12:09 PM

An average of seven unemployed Bulgarians compete for one open position

An average of seven unemployed people are competing for one job across the country in 2024, according to the National Employment Agency. The unemployment rate in Bulgaria remained at 5.2% in October  The strongest competition is in the..

published on 11/24/24 11:55 AM