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.
"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 prosecutor’s office, the anti-corruption commission and the police are conducting searches of property belonging to Rumen Gaitanski, a.k.a. the Wolf..
One day after the operation by the European Public Prosecutor's Office, EPPO, investigating Bulgartransgaz and four other companies in the country,..
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..
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