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

Gas for electricity barter between Bulgaria and Azerbaijan

Nikola Stoyanov
Photo: BGNES

Bulgarian electricity for Azerbaijani gas - this is the agreement signed during the visit of Bulgarian Economy Minister Nikola Stoyanov to Baku on September 6. The minister announced the news to the public broadcaster BNT, noting that this will provide Bulgaria with additional supplies in the coming months, when the raw material is most needed in winter.
We have received firm assurances that Azeri gas will gas will go on stream from 1 October. "Baku has confirmed that we can fully rely on the contract we have with them for 1 bcm of gas per year," the caretaker minister said. Bulgaria can expect another 1 bcm of gas a year from Azerbaijan within four years after the expansion of the Southern Gas Corridor pipeline system, Stoyanov promised.



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

EC: Inflation in Bulgaria is expected to be 3.1% in 2024

According to the European Commission's spring economic forecast for this year, inflation in Bulgaria is expected to reach 3.1 % in 2024 and 2.6 % in 2025 . The anticipated downtrend in external prices is expected to limit inflation in both energy and..

published on 5/15/24 3:13 PM

BNB: Deposits up to BGN 1,000 most common, number of millionaires growing

In March 2024, 1,518 people in Bulgaria had deposits of more than BGN 1 million, while in March 2023, 1,277 Bulgarians had such deposits, according to the latest BNB data.  Deposits between BGN 200 thousand and BGN 500 thousand grew the most..

published on 5/14/24 3:56 PM

Bulgaria's GDP growth accelerates in the first quarter of 2024

In the first quarter of 2024, the country’s real GDP growth is expected to accelerate, which is a prerequisite for similar annual dynamics, the Bulgarian National Bank said in its regular economic review. The GDP growth is mainly due to the..

published on 5/14/24 9:38 AM