Representatives of the Turkish energy company BOTAŞ are coming to Bulgaria for negotiations with Bulgargaz regarding Bulgaria's request to review the agreement between the two companies. This was one of the topics discussed by Bulgaria’s Minister of Energy Vladimir Malinov and his Turkish counterpart Alparlslan Bayraktar at a meeting in Istanbul a week ago.
On April 19, 2024, Bulgaria’s National Assembly tasked the Minister of Energy with taking the necessary steps to renegotiate the agreement between Bulgargaz and BOTAŞ for reserving access to Turkish LNG terminals. The agreement obliges Bulgaria to pay over 4 billion Leva (more than EUR 2 billion), even if no gas is imported from Turkiye. In its current form, the contract could lead to the bankruptcy of Bulgargaz. However, according to BOTAŞ, the proposed changes to the contract would "disrupt the basic dynamics of the agreement and would make its implementation impossible''. The agreement was signed in early 2023 by the caretaker cabinet headed by Prime Minister Galab Donev.
Bulgaria’s National Assembly rejected the draft decision to mandate the Council of Ministers to include nitrous oxide (laughing gas) in the lists of controlled substances under the Narcotic Drugs and Precursors Control Act. The proposal was put..
In the period January-April 2024 Bulgaria’s main export of cheese and curd was to Greece (882 tons, or a drop of 48.6% compared to the same period of 2023), the United Kingdom (871 t, or an increase of 22.1%) and the USA (844 t,..
We have preserved the main priorities of Bulgaria, said caretaker Prime Minister Dimitar Glavchev at the beginning of today's government’s meeting. "It is increasingly likely that this will be our last regular meeting. We continue..
The sale of 100% of the shares of Gallup International Balkan, a Zurich-based polling agency, has been finalised. The agency is a traditional partner of..
The European Public Prosecutor's Office is investigating the offices of Bulgartransgaz in Sofia. Police have secured access to the headquarters of the..
"Within a few days, it is good that Bulgaria will already have a nomination for a new representative in the European Commission, let's not waste time..
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