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 Wednesday, cold air will invade the country from the north-northeast. It will be cloudy. Rain is in the forecast for almost all Bulgarian regions. There will be significant precipitation in some places. It will snow in the Pre-Balkans and on..
From the beginning of 2025, Bulgarian scientists will work on a large-scale project related to hydrogen and hydrogen technologies to help develop cleaner transport and energy, science communicator Petar Teodosiev said in an interview for BNR. In his..
One thousand more blood donations were made in the past year at the Center for Transfusion Hematology of the Military Medical Academy, the medical institution reported. "The number of blood donors exceeded 7,000 – half of them are civilian..
Animal protection organizations protested in front of the Sofia Municipality, demanding humane treatment in municipal shelters. Environmentalists point..
The construction of a new Danube bridge near Ruse may begin in 2026, as European funding totalling 2.5 billion euros has been provided,..
Around mid-January, we are expected to fulfil the last criterion for the eurozone, which will allow us to submit the convergence reports..
Rain / Snow
Overcast, rain
Rain
Snow
Scattered showers