Podcast in English
Text size
Bulgarian National Radio © 2025 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

President Radev opposes sending troops to Ukraine in any form

As Commander-in-Chief of the Bulgarian Armed Forces, I firmly oppose sending troops to Ukraine in any form, said President Rumen Radev during a celebration of the 35th anniversary of the establisment of the Confederation of Independent Trade Unions in..

published on 2/18/25 1:04 PM
Discoverer supercomputer

Experts want to create AI factory in Sofia

We are working with the INSAIT Institute in Sofia. If they approve our project, in 2026 we will build an AI factory, Petar Statev from the Supervisory Board at Sofia Tech Park has told the Bulgarian National Radio. The..

published on 2/18/25 12:19 PM

Less than 1/3 of Bulgarians expect positive changes from the policies of the new US president

According to the regular sociological survey by Gallup International Balkans in January 2025, society has moderate expectations for positive changes in Europe and Bulgaria from the policies of the new US President Donald Trump. 30.4%..

published on 2/18/25 9:49 AM