Bulgaria has some of the most competitive natural gas prices in Europe. They are significantly lower than the stock market ones and this has happened thanks to renegotiated terms with Gazprom and the contract with Azerbaijan, Energy Minister Temenuzhka Petkova has told BNT.
Consumers and businesses have already felt the positive effect, the minister added, dismissing criticism of "burying 1.5 billion euros" in the Balkan Stream project.
Minister Petkova expects revenues from the pipeline to be 4.5 billion euros, as the investment would pay off in the next 10 years. The infrastructure will be usable for the next 45 years.
Minister Petkova expects the connection with Greece at Komotini - Stara Zagora (IGB) to be built by the end of 2021.
Reactor No. 6 of the Kozloduy Nuclear Power Plant was reconnected to the national electricity system at 9 AM on 8 July. The reactor was disconnected on 15 June for planned preventive maintenance of the functioning of a non-nuclear transformer and a..
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US Ambassador to Bulgaria Kenneth Merten stated, in an interview for Trud newspaper, that Ukraine’s future was in NATO and it was a question of time when it would join. He reaffirmed that NATO was firmly committed to defending the security of all..
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The new Bulgarian Patriarch, Daniil, has spoken out in favour of reconciliation within the Orthodox churches. "There is a broken communion between..
The Democrats for a Strong Bulgaria (DSB) party is proposing to its partners in the We Continue the Change-Democratic Bulgaria (PP-DB) coalition that..
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