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.
A contract for the purchase of 35 electric multiple units (EMUs) has been signed at the Council of Ministers. This is the largest order placed by the Bulgarian state in the last 20 years and the largest investment in rolling stock, announced Transport..
If we delay and do not reorganize and modernize our arms industry, in 5-6 years it will be exotic for the European arms market. This is a major challenge", said Bulgaria’s Minister of Defense Atanas Zapryanov during the discussion “The Hague 2025:..
In 2024, Bulgaria spent USD 2.208 billion (3.964 billion BGN), or 2.04% of its GDP, on defense, reads the annual report of NATO Secretary General Mark Rutte. For the first time, the country has met the NATO target set in 2014, which requires each..
In 2024, Bulgaria spent USD 2.208 billion (3.964 billion BGN), or 2.04% of its GDP, on defense, reads the annual report of NATO Secretary General Mark..
Bulgaria’s Ambassador to the United States Georgi Panayotov has requested an early end to his term, the Ministry of Foreign Affairs announced. The..
The Israel Defense Forces (IDF) have admitted to mistakenly firing on a UN facility in central Gaza in March, killing an UN staffer, reported BTA...
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