State-owed natural gas supplier Bulgargaz has hired a legal councillor to defend the interests of the Bulgarian gas company in connection with the contract for natural gas storage and supply with the Turkish-owned company BOTAŞ.
The contract stipulates that BOTAŞ shall receive daily payments of almost USD 500,000 even though it is not making any gas deliveries. This was made clear in the answer given by caretaker Minister of Energy Vladimir Malinov to a question by independent MP Kaloyan Metodiev. A meeting between the two gas companies took place in Istanbul on 15 October. The Turkish company is demanding payment but Bulgargaz has not been paying since July. Bulgargaz has informed BOTAŞ several times it is refraining from payment but has received no answer, just new invoices, BGNES news agency reports.
On the eve of February 1 - the day on which Bulgaria pays homage to the victims of the communist regime - the We Continue the Change-Democratic Bulgaria (PP-DB) party announced that it was tabling a bill for the removal of all monuments that symbolise..
The Bulgarian Orthodox Church (BOC) is the only representative of the country's traditional Eastern Orthodoxy. This was decided by MPs in the final amendments to the Law on Religious Denominations. The amendment, which states that only the BOC can use the..
The claims of Bulgarian citizens investigated for espionage in the UK about their links to the "highest echelons" of power in Bulgaria, are not based on any factual evidence and are as absurd as the manipulative abuse of them, reads a statement by the..
Bulgaria is well advanced in the process of meeting the criteria for joining the Eurozone, European Central Bank President Christine Lagarde said during..
The idea of the state acquiring the only oil refinery in Bulgaria – Lukoil Neftohim in Burgas – as proposed on 29 January by the Movement for Rights and..
On this day in 1905, 15 enthusiasts, university students, climbed the highest peak in Mount Vitosha near Sofia, in winter for the first time –..
Mostly Cloudy
Cloudy
Partly Cloudy
Cloudy