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.
Bulgarian protein bar manufacturer Healthy Bars is planning to build a new factory in the capital's Vrabnitsa district. The Regional Inspectorate for Environment and Water has already been notified of the intention, and the company has announced that..
As of October 1, the BNB has tightened the criteria for banks when granting mortgage loans. The central bank's decision comes after an analysis that shows significant credit growth in the segment and its acceleration in the second quarter of the year...
Bulgaria and China established diplomatic relations 75 years ago – in 1949. A year later, the People’s Republic of China and the People’s Republic of Bulgaria, as this country was then called, exchanged ambassadors, developing full-scale relations –..
T he LNG terminal near the Greek town of Alexandroupolis has officially srarted commercial operations today, the Greek company Gastrade announced. The..
The final price proposed by Bulgargaz for the sale of natural gas to its customers in October is BGN 63.72 (EUR 32.58) per megawatt-hour before tax. The..
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