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.
The MPs from Vazrazhdane party will request that Minister of Finance Temenuzhka Petkova be heard in parliament regarding Bulgaria's entry into the Eurozone, announced the leader of the party, Kostadin Kostadinov. "We have inside information from..
The project for the Ruse-Veliko Tarnovo motorway will undergo changes, but for now, it is not under threat, said Minister of Regional Development and Public Works Ivan Ivanov. He checked the progress of the construction of the bypass road around the..
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 Freedoms (DPS) – New Beginning, affiliated with Delyan Peevski and MECH party, split opinions in..
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 –..
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