An inter-departmental crisis headquarters has been set up with the task to "propose solutions to address the chaos in the energy sector", to seek security of gas supplies and predictability of gas prices. The crisis headquarters must propose mechanisms to reduce fuel and electricity prices, Bulgaria’s caretaker Prime Minister Galab Donev and caretaker Minister of Energy Rosen Hristov announced at a briefing.
Minister Hristov described the situation in Bulgaria‘s energy sector as critical. In his words, gas supplies were secured until the end of September. The 7 tankers with American LNG were only offered to Bulgaria. Slots (capacity windows) for unloading the tankers at the gas terminals have not been secured either, which will further raise gas prices. The price of gas from Azerbaijan is much higher as well. It became clear that Bulgargas is in financial crisis and is unable to pay even the agreed quantities.
A tender for the supply of liquefied natural gas is being prepared to ensure the necessary quantities until the end of the year or the end of the heating season, Minister Hristov announced.
Representatives of the Bulgarian-African Chamber of Commerce visited the Bulgarian Chamber of Commerce and Industry and met with its President Tsvetan Simeonov. Albena Jones, Dimitar Turlakov, and Anton Samsonov are among the founders of..
The Ministry of Foreign Affairs recommends that Bulgarian citizens traveling or residing in Canada keep themelselves well-informed about the current weather conditions, and regularly check the status of their flights. The Canadian Meteorological..
The Ministry of Finance published the 2025 draft budget and the medium-term budget forecast for the 2025-2028 period. The projected deficit for 2025 is up to 6.4 billion BGN (EUR 3.3 billion), which is 3% of GDP. Expenditures will not exceed 40% of..
The latest technological solutions, products and projects in the field of agriculture and agro-industry will be presented at the "Agra..
The Vazrazhdane parliamentary party is organizing a protest on February 22 in front of the Bulgarian National Bank against Bulgaria's entry into the..
The agriculture sector in Bulgaria maintains its stability, providing employment to 6% of the population and forming about 4% of the country's GDP. This..
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