Representatives of Bulgargaz and the Turkish company BOTAŞ held another round of negotiations in Sofia regarding the agreement between the two companies. Earlier, the National Assembly mandated the Minister of Energy to renegotiate the agreement in order to preserve the financial stability of Bulgargaz. The management of the company will inform the Minister of Energy about the results of the meeting as soon as possible, the state gas supplier Bulgargaz told the media.
Under the agreement signed in early 2023 by Galab Donev's caretaker cabinet, Bulgaria committed to paying over 4 billion BGN (more than EUR 2 billion) for reserving access to Turkish LNG terminals, even if no gas is imported from Turkiye. In an interview with BNT today, Minister of Energy Vladimir Malinov stated that Bulgaria will definitely try to to renegotiate the financial and economic terms of the contract with BOTAŞ, whose implementation is now a serious financial burden for Bulgargaz. He noted that the gas supplier is in a difficult financial situation, with losses of about 200 million BGN for the first half of the year.
For yet another year, the Holy Metropolitan of Sofia and the Sofia church of Sveti Sedmochislenitsi (Seven Apostles of Bulgaria) are organizing a procession in honor of St. Euthimius of Tarnovo , the last patriarch of the Second Bulgarian Kingdom...
It will be clear during the night in most of the country. In places in the valleys and plains - it will be foggy, in separate areas snowflakes will be deposited from the fog. Minimum temperatures will be between minus 6°C and minus 1°C, in..
The first Bulgarian woman in world boxing and three-time world champion Desi Kirova, known as Daisy Lang , refused to be evacuated from the fire that has been raging for days in Los Angeles , and with her husband by her side - Taylor, joined the battle..
A global campaign focusing on the right of every child to grow up in a family environment has been launched in Sofia on the initiative of the UK..
On the basis of December inflation data published yesterday by Eurostat, the Institute for Market Economics (IME) forecasts that the country could join..
Since 2007, when Bulgaria joined the European Union, the country has received €16.3 billion in EU funds, according to an analysis by the Institute for..
Cloudy
Partly Cloudy
Mostly Cloudy
Fog