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.
One day after the operation by the European Public Prosecutor's Office, EPPO, investigating Bulgartransgaz and four other companies in the country, Energy Minister Vladimir Malinov and Bulgartransgaz CEO Kiril Ravnachki gave more information, on the..
Performers of classical Indian dances will immerse Burgas in the rhythm of Indian culture. The event will take place at 8:30 pm on August 14 on the open-air stage "Snail" in the Burgas Sea Garden , announced the Municipality of Burgas. The..
On Wednesday the weather in Bulgaria will be sunny and hot. There will be a temporary increase in cloudiness in the western parts in the afternoon, but only isolated spots in the mountains will see brief showers. Minimum temperatures will be between 19..
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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