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.
The European Public Prosecutor's Office is investigating the offices of Bulgartransgaz in Sofia. Police have secured access to the headquarters of the gas operator. There is no official information from Bulgartransgaz and Brussels about the inspection,..
Council of Europe Commissioner for Human Rights Michael O'Flaherty said he was "deeply concerned” by the law passed by the Bulgarian parliament against LGBT "propaganda" in schools and called on President Rumen Radev not to sign it,..
Bulgaria issues Schengen visas only for short-term stays. By the end of July, their number was over 35,000, according to a statement from the Ministry of Foreign Affairs in connection with publications in the media about Schengen..
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..
+359 2 9336 661