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Boyko Borissov (L) takes part in the TurkStream opening ceremony

Prosecutor’s office investigates construction of TurkStream for breaches

The Sofia City Prosecutor’s Office is launching, on its own initiative, based on media reports, an investigation into breaches in the construction of the TurkStream gas pipeline. They are connected with the choice of contractor and the accelerated..

31.08.23 14:02 |
Daniela Masheva

Daniela Masheva to be acting prosecutor general while Ivan Geshev is in Strasbourg

Deputy Prosecutor General Daniela Masheva is to be acting prosecutor general while Ivan Geshev is in Strasbourg. The European Parliament’s LIBE Democracy, Rule of Law and Fundamental Rights Monitoring Group is holding an extraordinary closed session..

13.06.23 09:07 |
Ivan Ivanov (L) and Rumen Radev

President Radev: The problems in the energy industry pose serious risks

“The accumulated problems in the sphere of energy create serious risks for the industry, for the economy and for people,” President Rumen Radev stated during a meeting with the chairman of the Energy and Water Regulatory Commission Ivan Ivanov...

15.06.21 19:26 |
President Rumen Radev

President Radev: Three Seas initiative is not an alliance, nor is it military, or targeted against Russia

President Rumen Radev denied the speculations regarding the Three Seas initiative and pointed out that it is developing in a different time and geopolitical space. “Three Seas is not an alliance, nor is it military, or targeted against..

10.06.21 14:05 |
Boyko Borissov (L) inspects the compressor station at Petrich

PM Borissov: We are ensuring full diversification for generations to come

“Bulgaria has a “new level of security of natural gas supply” and is making huge investments in energy, so as to be a “ geostrategic country and to transit across 100% Bulgarian infrastructure,” said Prime Minister Boyko Borissov while  inspecting..

01.01.21 15:05 |

Gazprom launches gas deliveries to Serbia via Bulgaria

As of today, Russia’s Gazprom company is beginning the delivery of natural gas to Serbia and Bosnia and Herzegovina along a new route via Turkey and Bulgaria, a statement by the Russian company reads, as quoted by TASS news agency...

01.01.21 11:20 |

Part of TurkStream section in Bulgaria to be built by Russian company

A BGNES correspondent in Belgrade has reported that Serbian-registered Russian company IDC (Infrastructure Development and Construction), which was the main contractor for the construction of the TurkStream pipeline through Serbia, would be..

25.02.20 11:45 |

Saudi-Italian consortium with best offer for Bulgarian section of TurkStream

A Saudi-Italian consortium is offering the lowest price for the construction of the Bulgarian section of the TurkStream gas pipeline – almost 1 billion 300 million euro. The implementation deadline is 250 days.   This was announced after the..

29.03.19 15:41 |

Bulgaria to claim damages from Gazprom Export

Gazprom Export has officially informed Bulgaria that as of January 2020 it intends to terminate the transit of gas along the Trans-Balkan corridor to Turkey. Bulgarian Energy Minister Temenuzhka Petkova has confirmed the receipt of a..

12.03.19 16:03 |

Bulgartransgaz with three options for financing gas pipeline to Serbia

Bulgartransgaz may issue bonds or take out a bank loan in the first six months of the year to finance the construction of the transit 484 kilometer new gas pipeline.  The project is estimated at 1.2 billion euro.  There is a third financing option..

07.03.19 18:02 |
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