The State Oil Company of Azerbaijan (SOKAR) opened an office in Sofia at the end of April. SOKAR's office is the headquarters not only for Bulgaria, but for the whole region, the Ambassador of Azerbaijan to Bulgaria H.E. Huseyn Huseynov said for Euronews Bulgaria.
''If a proposal for the acquisition of the Burgas refinery is sent, SOKAR and the state will consider it. There are possibilities, but there is no specific proposal. There has to be a concrete proposal from Sofia so that we can make an offer", Huseyn Huseynov said. "We have always supported the idea of Bulgaria being both an energy hub and a transport hub", said Ambassador Huseynov. Bulgaria is expected to become a gas distribution point in Europe under the Solidarity Ring contract, Ambassador Huseynov recalled.
In the period January - September 2024, exports of goods from Bulgaria to the EU decreased by 3.6% compared to a year earlier and amounted to 20.895 billion euros. The main trading partners are Germany, Romania, Italy, Greece and..
Shell Exploration and Production (96) B.V , a subsidiary of Shell, will explore for oil and natural gas in Block 1-26 Khan Tervel, located in Bulgaria's exclusive economic zone in the Black Sea, announced Bulgaria's caretaker Minister of Energy..
The Bulgarian-Moldovan Chamber of Commerce and Industry held a meeting with leading specialists from the energy sector of Bulgaria and Moldova. The online conference was led by the Chairman of the Bulgarian-Moldovan Chamber of Commerce and Industry,..
41% of the member companies of the Bulgarian Industrial Association expect an economic decline in 2025. 21% believe there will be no change..
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