State-owed natural gas supplier Bulgargaz has hired a legal councillor to defend the interests of the Bulgarian gas company in connection with the contract for natural gas storage and supply with the Turkish-owned company BOTAŞ.
The contract stipulates that BOTAŞ shall receive daily payments of almost USD 500,000 even though it is not making any gas deliveries. This was made clear in the answer given by caretaker Minister of Energy Vladimir Malinov to a question by independent MP Kaloyan Metodiev. A meeting between the two gas companies took place in Istanbul on 15 October. The Turkish company is demanding payment but Bulgargaz has not been paying since July. Bulgargaz has informed BOTAŞ several times it is refraining from payment but has received no answer, just new invoices, BGNES news agency reports.
In an interview with public service TV BNT, Commissioner for Enlargement Marta Kos, who is on a working visit to Bulgaria, stated that Ukraine and the Ukrainian people very much wanted to become part of the EU and that at this rate we can hope to see..
Half of the companies from the Bulgarian Industrial Capital Association say that the tariffs on the import of commodities announced by US President Donald Trump are not going to affect their businesses directly. One-third of the employers..
The European Commission has set a date for the release of the ad-hoc convergence report evaluating Bulgaria's readiness to adopt the euro - June 4. The report will be released during the spring cycle of the European semester. The information..
Finance Minister Temenuzhka Petkova has announced that Bulgaria is ready to join the eurozone. She made the statement at a business breakfast hosted by..
The reactors intended for Bulgaria's unrealised second nuclear power plant project - Belene - will not be sold. This was announced to journalists by..
In Sofia's Zaharna Fabrika neighbourhood, in the Ilinden municipality, the authorities have begun demolishing illegal structures inhabited by members of..
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