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.
Bulgaria’s National Assembly rejected the draft decision to mandate the Council of Ministers to include nitrous oxide (laughing gas) in the lists of controlled substances under the Narcotic Drugs and Precursors Control Act. The proposal was put..
In the period January-April 2024 Bulgaria’s main export of cheese and curd was to Greece (882 tons, or a drop of 48.6% compared to the same period of 2023), the United Kingdom (871 t, or an increase of 22.1%) and the USA (844 t,..
We have preserved the main priorities of Bulgaria, said caretaker Prime Minister Dimitar Glavchev at the beginning of today's government’s meeting. "It is increasingly likely that this will be our last regular meeting. We continue..
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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