Investments in gas exploration in the Bulgarian Black Sea economic zone have reached 425 million euros. The Ministry of Energy has information that after three unsuccessful drillings the exploration companies hope to find gas deposits in the fourth well, because geologically it would be strange to have similar deposits in Romania and Turkey, but not in Bulgaria.
In an interview with bTV, Minister of Energy Alexander Nikolov denied information that there were "gas rivers" in the "Khan Asparuh" sector, as previously announced. What the ministry has done so far is finding an additional investor for a final study that would show whether there was natural gas in the sector, the minister said.
A forum entitled "Career and Life - Why in Bulgaria?", organized by the Bulgaria Wants You platform, was held at the Royal Geographical Society in London on October 20. The event, which took place for the second time, attracted significant..
International rating agency Fitch Ratings has affirmed Bulgaria's long-term foreign and local currency credit rating at BBB with a positive outlook, the Finance Ministry said. The positive outlook reflects the country's prospects for eurozone..
In 2023, Bulgaria's GDP growth was 1.9% higher in real terms compared to 2022. This is 0.1 percent more than the initially announced growth of 1.8%, the National Statistical Institute has reported. The chairman of the institute,..
The final price at which Bulgargaz will sell natural gas in December to end suppliers and to persons with a license for the production and transmission..
Urgent reform of Bulgaria's planning districts is needed, local authorities insist.The current regionalization shows increasing economic imbalances in..
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