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.
"Vazrazhdane" party starts a campaign in support of Bulgarian Milan Dimitrov, who was extradited from Greece to a private prison in San Antonio, USA. This was announced by the leader of the party, Kostadin Kostadinov, at a press conference in which..
Heavy traffic of cars and trucks is reported today at the Danube Bridge border crossing at Ruse, BTA announced. The border crossing point specified that the cars are fewer compared to the previous days, but after Wednesday the traffic is expected to be..
In the second quarter of 2024, the average gross monthly wage in Bulgaria increased by 4.5% compared to the first quarter of 2024 , reaching BGN 2,296 /EUR 1,174/, the NSI data show. The economic activities that registered the largest..
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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