Bulgaria and Greece will soon sign a memorandum for the construction of the Alexandroupolis-Burgas oil pipeline, caretaker Minister of Energy Rosen Hristov said after the meeting with his Greek counterpart Kostas Skrekas. Rosen Hristov visited Greece where he attended the inauguration of a project for a gas-fired power plant in Alexandroupolis. The power plant, which is expected to become operational in 2026, will be able to supply Bulgaria and North Macedonia with electricity, experts said during the ceremony.
The LNG terminal in Alexandroupolis, which is under construction, will supply the power plant with natural gas. Bulgaria has a 20% stake at the LNG terminal in Alexandroupolis and booked a capacity of 1 billion cubic meters of gas per year.
Bulgaria wants to continue investing in nuclear energy after more than 50 years of experience in the sector, Energy Minister Zhecho Stankov said on Wednesday. About 70% of Bulgarians support the move, Stankov told a Bulgarian-Korean energy..
The Russian oil company Lukoil has announced that it has accepted an offer from the Swiss Gunvor Group to acquire the international assets of LUKOIL International GmbH . Lukoil's subsidiary owns all of the group's assets abroad. Lukoil has..
MPs elected GERB's Kostadin Angelov as deputy speaker of parliament. 132 MPs voted "for", 53 voted "against" and 11 abstained. Angelov replaces GERB's Raya Nazaryan, who was elected speaker of parliament after previous parliamentary speaker Natalia..
The National Assembly has temporarily banned the export and intra-EU delivery of petroleum products, mainly diesel and aviation fuel. The decision was..
The Russian Federation has not demonstrated readiness to achieve peace. The Black Sea is a border zone with war. It must have the..
On Saturday , the lowest temperatures will be between 3 and 8°C; at the Black Sea coast up to 10°C. In Sofia it will be around 3°C...
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