“It is time the friendship between Bulgaria and Azerbaijan became a bridge for a more significant energy diversification,” outgoing Prime Minister Kiril Petkov said, in an interview with the Azerbaijani news agency Trend. Kiril Petkov stated further that the Greece-Bulgaria Interconnector, IGB, which will be used to transport gas from Azerbaijan to Bulgaria, is 99% ready. The Bulgarian prime minister emphasized that he had gone to Baku with the aim of reducing Bulgaria’s energy dependence on Russia.
“During my visit we discussed, with President Ilham Aliyev, the option of additional deliveries of Azeri gas to Bulgaria and Azerbaijan’s political preparedness to support Bulgaria. At the same time, the gas infrastructure needs to be developed further, and it is important to consolidate cooperation among the countries of the region so as to guarantee the future security of the deliveries and diversification,” Bulgaria’s outgoing PM Kiril Petkov said for Trend news agency, as quoted by the Bulgarian news agency BTA.
Great Britain has issued a special license on Friday that allows businesses to continue to work with two Bulgarian subsidiaries of sanctioned Russian oil company Lukoil, Reuters and BNR Horizont reported. The general license allows companies and banks to..
The leader of "We Continue the Change", Asen Vassilev, described the selection of Rumen Spetsov as a special manager at Lukoil as a "bad joke". "Rumen Spetsov was appointed to collect taxes, not to manage a refinery. There is a..
The nominated person for special manager for the four companies of "Lukoil Bulgaria" is Rumen Spetsov, Minister of Economy, Petar Dilov, said. "He meets all legal requirements", Dilov added. The decision was discussed at the Security..
In 2026, Bulgaria will assume the presidency of the EU Strategy for the Danube Region for the second time. The symbolic handover of the presidency took..
“The storm has mostly passed, but there are still risks”, Deputy Premier Tomislav Donchev told bTV regarding Lukoil . ''The first priority is to..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks..
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