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.
Bulgaria’s Ambassador to North Macedonia Zhelyazko Radukov refused to accept the protest note regarding the absence of North Macedonia’s flag at the meeting between the presidents of Bulgaria and North Macedonia, the Ministry of Foreign Affairs and..
On Tuesday, the cloudiness will be significant over most of the country, there will be more sunny hours along the Danube and in Northeastern Bulgaria. Light rain will fall in some places in southern Bulgaria. The wind will be oriented from the..
More than 160 Bulgarian civil organizations, including the National Network for Children, have sent an open letter to a number of European institutions, organizations, embassies and diplomatic missions regarding the legislative changes banning..
Sofia’s urban subway system has proved to be among the most liked in Europe. The Sofia Metro was ranked the second best in Europe,..
Gorna Oryahovitsa will host a review of amateur creativity and a Festival of military brass bands of the Ground Forces. From September..
On Wednesday there will be scattered clouds, which will thicken up in the afternoon. In the Balkan Mountain and the massifs in..
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