Representatives of Bulgargaz and the Turkish company BOTAŞ held another round of negotiations in Sofia regarding the agreement between the two companies. Earlier, the National Assembly mandated the Minister of Energy to renegotiate the agreement in order to preserve the financial stability of Bulgargaz. The management of the company will inform the Minister of Energy about the results of the meeting as soon as possible, the state gas supplier Bulgargaz told the media.
Under the agreement signed in early 2023 by Galab Donev's caretaker cabinet, Bulgaria committed to paying over 4 billion BGN (more than EUR 2 billion) for reserving access to Turkish LNG terminals, even if no gas is imported from Turkiye. In an interview with BNT today, Minister of Energy Vladimir Malinov stated that Bulgaria will definitely try to to renegotiate the financial and economic terms of the contract with BOTAŞ, whose implementation is now a serious financial burden for Bulgargaz. He noted that the gas supplier is in a difficult financial situation, with losses of about 200 million BGN for the first half of the year.
Bulgarian Patriarch and Metropolitan of Sofia Daniil has circulated a message to teachers, pupils and parents, on the occasion of the start of the school year starting today. “Remember always that the source of all true knowledge and wisdom is our..
At a meeting today, the National Council for Tripartite Cooperation will discuss a draft decree of the Council of Ministers setting the country's poverty line for 2025, submitted by the Minister of Labour and Social Policy. The government proposes..
There will be thick cloud cover overnight and rain showers in places, especially in central areas. Morning fog will develop in the valleys and lowlands. There will be light to moderate winds from the west-northwest. Minimum temperatures will..
There will be thick cloud cover overnight and rain showers in places, especially in central areas. Morning fog will develop in the valleys and lowlands...
Bulgaria's President Rumen Radev described his meeting with the President of the Republic of North Macedonia Gordana Siljanovska-Davkova, which took..
At a meeting today, the National Council for Tripartite Cooperation will discuss a draft decree of the Council of Ministers setting the country's poverty..
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