Text size

EU finds no competition violation in Botas deal

published on 12/21/24 4:04 PM

Photo: BNR-archive

The European Commission's Directorate-General for Competition has notified Bulgargaz and Bulgartransgaz that the case on the agreements concluded between the Bulgarian companies and the Turkish energy company Botas has been closed and no competition violations have been found.

In October 2023, the EU opened a case to investigate whether EU competition rules were violated by the deal concluded at the end of 2022 for the supply of liquefied natural gas from terminals in Turkey and the reservation of capacity at interconnection points between Bulgaria and Turkey.

The commercial parameters in the contracts were not checked, Brussels said. The temporary parliamentary committee in Bulgaria, which was established at the end of 2023 to verify the facts of the contract, found losses of $500,000 per day for the Bulgarian side from the Botas deal.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News Botas Bulgargaz

More from category

Police bust human smuggling ring active since 2022

On 7 April, the Directorate for Combating Organised Crime dismantled a migrant smuggling network. Three people were arrested - the organiser and two of his associates. The organiser is a third-country national who has been denied refugee status in..

published on 4/10/25 3:04 PM

Georgi Ivanov (R) and Nikolai Rukavishnikov.

46 years ago today: Georgi Ivanov became the first Bulgarian cosmonaut

On this day 46 years ago, Georgi Ivanov made history as the first Bulgarian to go into space. On 10 April 1979, at 20:34 Moscow time, the Soyuz-33 spacecraft was launched into orbit with Georgi Ivanov and Soviet commander Nikolai Rukavishnikov on..

published on 4/10/25 1:29 PM

MECH files vote of no confidence in the government

The MECH party is filing a motion of no confidence against the government, the leader of Vazrazhdane, Kostadin Kostadinov said on the sidelines of the National Assembly. The MP said that it was organized by his political force, which..

published on 4/10/25 11:25 AM