Bulgaria’s Ministry of Energy will propose signing an agreement on the delivery of seven cargo ships with liquefied natural gas which will improve Bulgaria's energy security, outgoing Premier Kiril Petkov said. Bulgaria is expected to receive one shipload of LNG a month between October 2022 and April 2023. The contract is being signed today, but it can be confirmed by August 19. Thus, the caretaker cabinet is given the opportunity to find a better offer, Kiril Petkov pointed out.
Outgoing Premier Petkov said that the condition for the receipt of the seven cargo ships with liquefied natural gas is to ensure the necessary infrastructure from Greece and Turkey, which needs to be done in August, by the caretaker minister of energy. According to Kiril Petkov, “the agreement that will be proposed is an important step of the team, together with the European Commission, working to secure natural gas for the winter months”.
From 1 July until 30 September, businesses are entitled to compensations for the high prices of electricity. The measure will help 633,000 non-household consumers.
Payments under the Recovery and Resilience Plan (RRP) have doubled in recent months, Deputy Prime Minister Tomislav Donchev has announced. He added that he was optimistic about receiving the delayed tranches and the remaining funds under the RRP...
Despite active and targeted efforts to recruit personnel, the percentage of vacant positions at the State Intelligence Agency (SIA) remains high, reads the 2024 report of SIA, published on the website of the Council of Ministers. Another issue..
Since the beginning of the year, Bulgaria has also met the price stability criterion for eurozone membership, Minister of Finance Temenuzhka Petkova said. At the opening of the Investor Day 2025: Embracing Opportunities forum in..
A month after Bulgaria receives the green light to join the eurozone, all traders are obliged to have their prices in both Bulgarian..
Since the beginning of the year, Bulgaria has also met the price stability criterion for eurozone membership, Minister of Finance..
On Tuesday, the lowest temperatures will range from 1°C to 6°C, for Sofia around 5°C. There will be frost in some valleys across eight regions in..
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