Gazprom is selling its 50-percent stake in gas company Overgas Inc., registered in Bulgaria. For many years Overgas Inc. used to be an intermediary in deliveries of certain quantities of natural gas to Bulgaria. With revenues Overgas created gas supply networks in a number of villages and towns in the country. In the last working day of 2015, Gazprom Export informed the management of Overgas Inc., that gas supplies to the company would stop on January 1, 2016, which directly affected 59,000 households in the country. Due to urgent decisions by the cabinet, the crisis was quickly resolved with supplies from Bulgarian state company Bulgargaz. Later Overgas Inc. filed a claim at the arbitration court in Paris, arguing that halting gas supplies was in violation of a contract.
During the night skies will be clear and tomorrow will be sunny, with cumulus clouds gathering in the afternoon over Eastern Bulgaria. There will be a light wind from the North-Northwest. Daytime temperatures will rise to reach a maximum of 29-34°..
Just a week after receiving the positive convergence reports on Bulgaria’s entry into the Eurozone, all major financial funds have stated their readiness for the profitable financing of Bulgaria’s energy industry, said Energy Minister Zhecho Stankov..
A protest in support of the chairman of the Bulgarian club in Bitola Ivan Mihaylov, which was closed, Ljupco Georgievski, who was sentenced to a suspended term of one year of imprisonment, with a 2-year probation period, took place in front of the..
The 18 th edition of Sofia Pride is taking place in Sofia today under the motto: We are people, not propaganda, a reminder that behind every story,..
Galin Tomov created an impressive portrait of President Donald Trump especially for his birthday (June 14) on a carpet, using a traditional Bulgarian..
Bulgaria’s Ministry of Foreign Affairs established a Coordination Centre in connection with the worsening situation in the Middle East. It was formed..
Clear
Partly Cloudy
Mostly Cloudy