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

Gas for electricity barter between Bulgaria and Azerbaijan

Nikola Stoyanov
Photo: BGNES

Bulgarian electricity for Azerbaijani gas - this is the agreement signed during the visit of Bulgarian Economy Minister Nikola Stoyanov to Baku on September 6. The minister announced the news to the public broadcaster BNT, noting that this will provide Bulgaria with additional supplies in the coming months, when the raw material is most needed in winter.
We have received firm assurances that Azeri gas will gas will go on stream from 1 October. "Baku has confirmed that we can fully rely on the contract we have with them for 1 bcm of gas per year," the caretaker minister said. Bulgaria can expect another 1 bcm of gas a year from Azerbaijan within four years after the expansion of the Southern Gas Corridor pipeline system, Stoyanov promised.



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

Stanislav Popdonchev

Businesses are worried the political crisis is hampering the country’s development, says BIA Vice President

“The main priorities businesses have – membership of the Eurozone and accession to the Schengen area by land – have receded to the background. They are the motors which can boost the economy, but the fact there is no regular government is an obstacle..

published on 11/12/24 10:00 AM

Bulgargaz LNG tender for January and February next year attracts record interest

Bulgargaz has reported record interest in its tender for the supply of LNG to the Alexandroupolis terminal for January and February 2025. All nineteen bidders met the criteria set by the company and have been approved to participate in the next..

published on 11/9/24 2:43 PM
Lukoil Neftochim in Burgas

FT: Russian oil company Lukoil plans to sell its Bulgarian refinery to Qatari-British consortium

The Russian state oil company Lukoil has plans to sell its Bulgarian refinery Neftochim based in Burgas on the Black Sea Coast. It is the largest in the Balkans, writes the Financial Times .  The deal is expected to be announced by the end of..

published on 11/6/24 11:55 AM