Price formation under the agreement between the Bulgarian Bulgargaz and the Turkish state-owned oil and gas company Botas is not detrimental to the Bulgarian state or to the Bulgarian public provider, Energy Minister Rumen Radev said during a hearing in parliament, in answer to a question about the agreement between the two companies signed, on the Bulgarian side by the previous caretaker cabinet, on 3 January, 2023.
In his words, Bulgargaz has clear control of the origin of the natural gas via the certificates it receives directly from the gas trader, not from Botas, but the agreement is in effect until 2035, and the conditions for its termination are severe. There are quite a few binding commitments under the agreement between Bulgargaz and Botas, but there is also a certain amount of freedom which we are hoping will allow Bulgaria to negotiate better conditions during the current negotiations with the Turkish company, Minister Radev said.
A seminar titled ''Science in Antarctica - Bulgaria and Spain in Antarctica'' will be held today at the Egg Hall of the Sofia University "St. Kliment Ohridski". The Bulgarian Antarctic Institute said that the seminar aims to present the origins,..
On Thursday , the minimum temperatures will be between 5 and 10°C, in Sofia 6°C. The day's highs will be from 23°C to 28°C , in the capital it will be 25°C. During the day it will be sunny with scattered high clouds. It will become..
At present, there is no information indicating a threat to the security of Bulgarian citizens. However, enhanced security measures have been taken in the country and security has been provided at strategic locations. This was announced after the end..
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If the general elections were to be held at the beginning of October, 6 parties and coalitions would enter the Bulgarian parliament, a Market Links..
What is the noise level of an airplane engine or a hand drill, a normal conversation, the movement of a car at a speed of 60 km/h, in a disco, at a..
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