Deputy Prime Minister and Minister of Finance Assen Vassilev stated, in an interview with the BNR, that Bulgaria will not renew its contract with Gazprom for the delivery of natural gas because of the war in Ukraine.
“During the next 1-2 weeks there will be discussions, at a European level, for a common gas contract for the entire European Union. We expect this mechanism to start functioning in the summer,” Minister Vassilev added.
“There are no negotiations currently taking place for the renewal of the contract with Gazprom, talks are being held with Azerbaijan for additional quantities of Azeri gas,” Ivan Topchiyski, chairman of Bulgargaz's board of directors stated, on his part, for Bulgarian public service TV BNT. He added that after 30 June, we can expect to receive Azeri gas at full capacity.
The procedure for renewable electricity storage projects under the National Recovery and Resilience Plan is now open and proposals are being accepted. There is a lot of money, the deadlines are short and the conditions applicants have to meet are not..
The European Bank for Reconstruction and Development (EBRD) has slightly lowered its growth forecasts for the regions in which it invests. Bulgaria's economy will grow by 2.9 per cent in 2025, 0.1 per cent less than initially forecast in May...
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T he LNG terminal near the Greek town of Alexandroupolis has officially srarted commercial operations today, the Greek company Gastrade announced. The..
The final price proposed by Bulgargaz for the sale of natural gas to its customers in October is BGN 63.72 (EUR 32.58) per megawatt-hour before tax. The..
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