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Bulgaria and Greece certify new gas interconnector IGB

The energy regulators of Bulgaria and Greece have certified the Gas Interconnector Greece–Bulgaria (IGB). The commercial exploitation of the interconnector is set to begin after 1 July, 2022. IGB is of strategic importance and allows for..

26.05.22 12:06 |

PM Petkov in Davos: Regional infrastructure allows for energy diversification of Bulgaria and the Balkans

"We can be optimistic about the next decade if we take into account the lessons of the past 10 years," Bulgaria's Prime Minister Kiril Petkov said during "A Lost Decade?" discussion in the framework of the Annual Meeting of the World Economic Forum in..

25.05.22 18:47 |
Minister of Finance Assen Vassilev

Bulgaria seeks clarification from EC regarding Russian gas imports to EU

Deputy Prime Minister and Minister of Finance Assen Vassilev urged the European Commission to clarify whether the different countries of the EU are being treated differently by Gazprom, and whether there is any breach of the sanctions by companies..

25.05.22 09:07 |

Gas interconnector with Greece to become a strategic site, Bulgarian energy ministry proposes

The gas interconnector with Greece should become part of the strategic objects of importance for our national security - this is what Bulgarian Ministry of Energy has insisted to the Council of Ministers. "The facility has become of paramount..

20.05.22 18:20 |
PM Kiril Petkov

PM Kiril Petkov says allegations he has assumed commitment for lifting North Macedonia veto is fake news

Prime Minister Kiril Petkov described the information that he had personally assumed commitments for the lifting of the veto on North Macedonia’s EU accession negotiations as fake news. Foreign Minister Genchovska: Bulgaria’s position on North..

20.05.22 14:41 |

By stopping gas deliveries Moscow aims at overthrowing the government, PM Petkov says

"Bulgaria does not depend on Greece's decisions about their payments for Russian gas. We have contracts." This is how Prime Minister Kiril Petkov answered a reporter's question after the opening of an office in Sofia of the Bulgarian-Turkish..

20.05.22 12:10 |

EU Member States agree to jointly fill their gas storage facilities

The European Council and MEPs have agreed on joint rules for filling European gas storage facilities before winter. The goal is to build a buffer and prepare for possible disruptions to natural gas deliveries, Reuters reported. Russia..

20.05.22 08:56 |
Energy Minister Alexander Nikolov.

Government and employers agree on energy compensation measures

Bulgarian government proposes compensations for the electricity prices for the month of May equal to 80% of the increase over 100 EUR/MWh . The measures for natural gas prices envisage 100% compensation of the price increase in May, the cabinet..

16.05.22 13:40 |
Minister of Finance Assen Vassilev

If Russian oil is halted and Bosphorus is closed, Bulgaria can hold out for 6 months: Finance Minister Assen Vassilev

The European Commission will afford Bulgaria an opportunity to continue with the Russian oil deliveries but, at the same time, ways will be sought to diversify imports. In the words of Deputy Prime Minister and Minister of Finance Assen..

13.05.22 14:43 |
Assistant Secretary of State for European and Eurasian Affairs Karen Donfried

US will support Bulgaria after halting of Russian gas supply

The U S is developing measures in support of Bulgaria after Russia halted the supply of Russian gas to the country , Assistant Secretary of State for European and Eurasian Affairs Karen Donfried said, and added that the Biden..

13.05.22 13:35 |
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