According to Bulgaria’s Energy Minister Alexander Nikolov, a possible stoppage of deliveries by Gazprom to Europe would indirectly impact the price of gas in this country.
“This would mean a drastic rise in electricity prices in Europe, and Bulgaria as a country playing a balancing role for the entire region would take an indirect hit by such a price trend,” Minister Nikolov commented. In his words, because of the war in Ukraine the closure of the coal-fired power plants could be reconsidered. Alexander Nikolov said further that additional energy compensations are expected to be envisaged for businesses helping refugees from Ukraine.
US investors are in Sofia this week for talks with Bulgarian authorities on the expansion of the Chiren gas storage facility in northwestern Bulgaria - a project that could become a new battleground between supporters and opponents of Russian natural gas..
Burgas will host celebrations marking the 146th anniversary of the Bulgarian Navy , BNR Burgas reported. A military wreath-laying ceremony will take place at 10 a.m. today at the Sailor’s Monument in the Sea Garden . That evening, the Navy’s..
On Wednesday, minimum temperatures will range from 16 °C to 21 °C , with 16 °C in Sofia. It will be mostly sunny during the day, but rain and thunderstorms are expected after noon, mainly in northwestern and mountainous areas. Rain clouds will also form..
Job offers in all sectors of the Bulgarian economy are decreasing in July, according to the analysis of a leading online job posting platform in the..
More than 4 , 500 of woodland in Pirin has been destroyed by the wildfires after July 25. There are still local outbreaks on the ground, said..
Amendments to Bulgaria’s Road Traffic Law, published in today's issue of the State Gazette, will come into force in one month. From 5 September,..
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