Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

EU finds no competition violation in Botas deal

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!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Vazrazhdane party sends signal to SANS over email invitations for training in the US

Vazrazhdane party are to file a signal to the State Agency for National Security (SANS) over an attempt to "massively recruit" hundreds of Bulgarian municipal councillors, said Kostadin Kostadinov, leader of the party. He told media..

published on 12/20/24 11:13 AM

On a personal level 60% of Bulgarians are satisfied with 2024 and 47% are optimistic about 2025

Nearly 2/3 of Bulgarians said they were happy in 2024, while 26% responded negatively in the traditional end-of-year survey by Trend, commissioned by the 24 Chasa newspaper. Personal life, family, social circle and work are..

published on 12/20/24 11:01 AM

Rayna Mandzhukova: "Bulgarians abroad are heroes"

Severino Kozhuharov, co-owner of the newspaper "BG BEN", which is published in the UK, presented an honorary award "best partner and active contribution to the development of the newspaper "BG BEN" for 2024 to the chairman of the..

published on 12/20/24 9:18 AM