Representatives of Bulgargaz and the Turkish company BOTAŞ held another round of negotiations in Sofia regarding the agreement between the two companies. Earlier, the National Assembly mandated the Minister of Energy to renegotiate the agreement in order to preserve the financial stability of Bulgargaz. The management of the company will inform the Minister of Energy about the results of the meeting as soon as possible, the state gas supplier Bulgargaz told the media.
Under the agreement signed in early 2023 by Galab Donev's caretaker cabinet, Bulgaria committed to paying over 4 billion BGN (more than EUR 2 billion) for reserving access to Turkish LNG terminals, even if no gas is imported from Turkiye. In an interview with BNT today, Minister of Energy Vladimir Malinov stated that Bulgaria will definitely try to to renegotiate the financial and economic terms of the contract with BOTAŞ, whose implementation is now a serious financial burden for Bulgargaz. He noted that the gas supplier is in a difficult financial situation, with losses of about 200 million BGN for the first half of the year.
On Friday it will be cloudy, as in the afternoon cloudiness will be significant. There will be precipitation in some places, as in the south-western massifs and in the south-eastern areas of the country it will be intense. The..
The majority of Bulgarians declare stable trust in democratic models, in the European Union and in the democratic world in general . This is shown by the results of a survey by the sociological agency "Gallup International" conducted between..
Illegal migration across Bulgaria's borders has decreased by 71% in the first eight months of 2024 compared to the same period of 2023. These data were presented by the head of the Border Police, Anton Zlatanov, at a meeting of the..
MEP Elena Yoncheva is in the city of Sanaa, Yemen, aiming to reach the port city of Hodeidah on the Red Sea. There lies the hijacked ship Galaxy Leader,..
Gorna Oryahovitsa will host a review of amateur creativity and a Festival of military brass bands of the Ground Forces. From September..
Bulgarian Minister of Defense Atanas Zapryanov takes part in the B9 Defence Ministers Meeting, chaired by Romania and Poland. The forum..
Partly cloudy, chance of rain
Overcast, rain
Cloudy
sunshine, cloud, rain and thunder