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.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
GERB leader Boyko Borisov said in Parliament that Bulgaria will become a member of the eurozone on January 1, regardless of protests organized by..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that..
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