Bulgaria’s outgoing Minister of Energy Alexander Nikolov has notified Gemcorp Holdings Ltd and IP3 of the termination, by mutual consent, of the non-binding memorandum of understanding that was signed between Bulgaria and the two companies on..
The coming winter is expected to be extremely hard for the countries of the EU due to reduced gas supplies. In Tehran, Russia’s President Vladimir Putin said oil prices, on the other hand, would go sky-high. The European Commission, on its..
Bulgaria’s President Rumen Radev held a phone call with his Polish counterpart Andrzej Duda. The two heads of state discussed the situation in Ukraine and the security environment in the region. Presidents Radev and Duda expressed solidarity with the..
In order to have enough gas, there should be low-risk supplies at the best price possible, so that the Bulgarian economy could be competitive. These are the main priorities that Prime Minister Kiril Petkov has outlined in the National Assembly...
Energy Ministers from European Union countries are expected to hold emergency talks on May 2 after Russia’s Gazprom halted gas supplies to Bulgaria and Poland last week. The Energy Ministers will study the possibilities for additional action..
US President Joe Biden stated he was working to divert natural gas directly to Bulgaria and Poland in response to the suspension of Russian supplies. "We will not let Russia intimidate or blackmail their way out of these sanctions. We will not..
Employers 'organizations in Bulgaria are pushing for the resumption of talks with Gazprom and the resumption of gas supplies, Economy and Industry Minister Kornelia Ninova said, as quoted by BNT and BTA after a meeting with employers' organizations...
Despite the fact that Gazprom has completely suspended gas supplies to Bulgaria, our country has no problem with supplies. This was announced at a joint press conference by Prime Minister Kiril Petkov and Deputy Prime Minister Assen Vassilev, co-chairs..
Natural gas is being used as a political and economic weapon, Bulgarian Minister of Energy Alexander Nikolov said, commenting on halted gas deliveries from Russia. Russia suspends natural gas supplies to Bulgaria "As..
Bulgaria's government has discussed a set of measures that will be taken if Russia shuts off gas supplies, Head of the Prime Minister’s Political Cabinet Lena Borislavova said. "Our country adheres to the common European position that payments..
