Natural gas is being used as a political and economic weapon, Bulgarian Minister of Energy Alexander Nikolov said, commenting on halted gas deliveries from Russia.
"As long as I am minister, Bulgaria will not negotiate under pressure and with head bowed down. Bulgaria is not for sale at any price. At the moment it is clear that the infrastructure facilities widely promoted in the past cannot guarantee the supply of natural gas, but this does not mean that we would fail to overcome this situation", Minister Nikolov said.
All natural gas supplies are guaranteed for at least a month in advance. There has been no reduction of gas supply from Russia yet, Minister Nikolov said at an extraordinary briefing on the topic today.
If Gazprom did not deliver agreed quantities, that would be a breach of contract, the minister added. A new expert meeting to discuss the next steps of the country is forthcoming, Minister Nikolov also said, recalling that Bulgaria is not the only one affected and that Poland and Lithuania are also in the same situation.
"Bulgaria is a loyal partner to all neighboring countries. Bulgaria is not Russia. When we have the opportunity, we help all neighboring countries," Minister Nikolov said, adding that all possible risks would be assessed and Bulgaria would not create tension in other countries, such as Serbia or Hungary.
In a statement published by TASS and Reuters, Gazprom recalled that Bulgaria and Poland are transit countries and if they were to divert Russian gas intended for third countries, transit deliveries for those countries “will be reduced by the volume that was taken.”
English: Alexander Markov
In 2024, Bulgaria's exports of goods to third countries decreased by 5.1% compared to 2023, amounting to EUR 15.4 billion (30 114.9 million BGN), according to data from the National Statistical Institute (NSI). Bulgaria's main trading partners..
It is extremely concerning that the largest company in Bulgaria, Lukoil Neftohim, which is part of the country's critical infrastructure, is still in the hands of a country that has declared Bulgaria a hostile state. This opinion was shared by energy..
“The divergence between the monetary and the fiscal policy pursued by the government continues to be the main reason why Bulgaria does not meet all criteria yet for entering the Eurozone,” Lyubomir Karimansky, member of the Governing Council of the..
The Bulgarian National Bank (BNB) has posted, to its website, the answers to important questions connected with the adoption of the euro and the..
89% of German investors in Bulgaria would choose Bulgaria again for their investments . This is indicated by a study by the German-Bulgarian Chamber of..
In 2024, the average gross annual salary in Bulgaria is 27,881 BGN (EUR 14,255), according to preliminary data from the National Statistical Institute...
+359 2 9336 661