The implementation of the South Stream gas pipeline project is to start during this year, Bulgarian Minister of Economy and Energy Dragomir Stoynev said at a working meeting that took place in the town of Gabrovo. Through the project Bulgaria will ensure reliability of natural gas supply, while in the poorest region of the country - Northwestern Bulgaria, some 5000 new jobs will be created. Only Bulgarian companies will work on the project in this country and investments total 1.5 billion euro. This is not the only major project which the government favors, it was also announced. Bulgaria has also signed an agreement with Azerbaijan for the supply of 1 billion cubic meters of gas from the Caspian Sea and implementation of the project is expected in 2019.
Today the 33rd Bulgarian Polar Expedition left the port of Varna for Antarctica. For the third year in a row, Bulgarian polar explorers will sail on the military research vessel "St Cyril and Methodius". This time, two cadets from Romania will be on..
From today until 9 November, the Central Military Club in Sofia will host the Sofia Information Integrity Forum 2024 . The event will bring together world-leading experts in various fields to discuss the latest technological advances and strategies in..
The Bulgarian Ministry of Defense has signed a contract with Polish state company Wojskowe Zakłady Lotnicze Nr 2 S.A. for major repair of six MiG-29 aircraft engines. The maximum period for carrying out the repair of each engine will be no more..
2.5% is the necessary effort that our country must make in terms of defence spending, caretaker Minister of Defense Atanas Zapryanov..
Acting Energy Minister Vladimir Malinov told a briefing that neither he nor the Energy Ministry had any information about the sale of Lukoil Neftohim..
Metallurgy, heavy and mining industry are an irrevocable part of the full-fledged economic development of Europe. This was stated by Bulgarian President..
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