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.
"Yes, Bulgaria" party (part of "Democratic Bulgaria") have defined the budget for next year as an "economic tsunami". MP Ivaylo Mirchev was firm that the pary will oppose it when the project comes up for discussion in parliament. "Yesterday we were..
Bulgarian President Rumen Radev has presented the national flag to the participants in the 34th Bulgarian Antarctic Expedition. At a ceremony in the Hall of Arms, the flag was accepted by the head and doyen of Bulgarian research in the White Continent,..
The euro will help, but it does not on its own guarantee higher standards of living, said Kristalina Georgieva, Managing Director of the International Monetary Fund, at the high-level conference in Sofia titled ''Bulgaria on the Doorstep of the..
North Macedonia has still not adopted the necessary constitutional amendments aimed at including Bulgarians and other non-majority communities in the..
Bulgaria relies on the efforts of honorary consuls from around the world to help establish new partnerships in the fields of economy, trade, innovation,..
On Tuesday , the lowest temperatures will be between 8 and 13°C; in Sofia - about 8°C. During the day, it will remain cloudy. There..
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