Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Energy Minister wants removal of Bulgartransgaz management over Balkan Stream project

Caretaker Energy Minister Andrey Zhivkov
Photo: BGNES

Caretaker Energy Minister Andrey Zhivkov is demanding that the Bulgarian Energy Holding remove the management of the gas operator Bulgartransgaz EAD.

The results of a probe by the Energy and Water Regulatory Commission, made public last week, show that in the implementation of the Balkan Stream project Bulgartransgaz has not sought the preliminary consent of the energy and water regulator for the contracts concluded to carry out building works, or for the bank loans used as payment for them, which is a violation of the ordinance on licensing of activities in the energy sector. The Energy and Water Regulatory Commission probe showed that the Balkan Stream project has had a negative effect on the overall financial state of the company and has led to its over-indebtedness. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Temperatures rise up to 37°C

Sunday will be sunny and hot. There will be weak to moderate northeasterly wind. Temperatures will continue to rise and the highest will be between 32°C and 37°C; in Sofia – around 32°C. It will be also sunny in the mountains. In..

published on 7/6/24 6:05 PM
Ahmed Dogan

Ahmed Dogan convenes meeting of party members, Delyan Peevski is not invited

The honorary chairman of the Movement for Rights and Freedoms, Ahmed Dogan, has organised a meeting of some of the party members in his summer residence "Rosenets", bTV reported. The MPs and members of the movement who supported him,..

updated on 7/6/24 5:12 PM

NATO Permanent Commission will not participate in the Breeze 2024 naval exercise

For the first time, the NATO Permanent Commission will not participate in the National Naval Exercise "Breeze - 2024" because of the different situation we are in, announced the Commander of the Naval Forces in Bulgaria, Rear Admiral..

published on 7/6/24 5:11 PM