Investments in gas exploration in the Bulgarian Black Sea economic zone have reached 425 million euros. The Ministry of Energy has information that after three unsuccessful drillings the exploration companies hope to find gas deposits in the fourth well, because geologically it would be strange to have similar deposits in Romania and Turkey, but not in Bulgaria.
In an interview with bTV, Minister of Energy Alexander Nikolov denied information that there were "gas rivers" in the "Khan Asparuh" sector, as previously announced. What the ministry has done so far is finding an additional investor for a final study that would show whether there was natural gas in the sector, the minister said.
It is extremely concerning that the largest company in Bulgaria, Lukoil Neftohim, which is part of the country's critical infrastructure, is still in the hands of a country that has declared Bulgaria a hostile state. This opinion was shared by energy..
“The divergence between the monetary and the fiscal policy pursued by the government continues to be the main reason why Bulgaria does not meet all criteria yet for entering the Eurozone,” Lyubomir Karimansky, member of the Governing Council of the..
Germany remains Bulgaria's strongest economic partner. Trade between the two countries for 2024 amounts to EUR 12 billion, said Tim Kurth, President of the German-Bulgarian Chamber of Industry and Commerce. At a ceremony held at the University of..
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