An inter-departmental crisis headquarters has been set up with the task to "propose solutions to address the chaos in the energy sector", to seek security of gas supplies and predictability of gas prices. The crisis headquarters must propose mechanisms to reduce fuel and electricity prices, Bulgaria’s caretaker Prime Minister Galab Donev and caretaker Minister of Energy Rosen Hristov announced at a briefing.
Minister Hristov described the situation in Bulgaria‘s energy sector as critical. In his words, gas supplies were secured until the end of September. The 7 tankers with American LNG were only offered to Bulgaria. Slots (capacity windows) for unloading the tankers at the gas terminals have not been secured either, which will further raise gas prices. The price of gas from Azerbaijan is much higher as well. It became clear that Bulgargas is in financial crisis and is unable to pay even the agreed quantities.
A tender for the supply of liquefied natural gas is being prepared to ensure the necessary quantities until the end of the year or the end of the heating season, Minister Hristov announced.
In addition to using EU funds, accelerating the development of key infrastructure projects can be achieved through concession mechanisms. This is a tool that the European Commission encourages. This was what Deputy Prime Minister and Minister of..
The sixth unit of the Kozloduy NPP will also start operating with American nuclear fuel next year. The first six Westinghouse cartridges will be placed in the reactor to determine their effect on electricity production. This became clear at a..
4-year-old Martin, who was hit by an ATV in a heavy accident on a sidewalk in Bulgaria's Sunny Beach resort is in stable condition and has been taken out of intensive care . This was reported by Nova TV, referring to a statement of Sofia's Emergency..
Motorway Europe-A6, which is 63 kms. long, has been put into operation. Connectivity between the Orient and Western Europe is now a fact, Minister of..
Bulgaria is ready to down Russian drones. The Northeastern part of the country is actively being monitored, Minister of Defence Atanas Zapryanov..
In order for young people to be adequately prepared for the challenges of contemporary life and the demands of today’s labour market, education needs to..
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