By the end of the year, Bulgargaz will have to pay an additional €10 million under the contract with Botas due to indexation. This information was reported by BGNES and confirmed by Energy Minister Zhecho Stankov.
During the caretaker government of Galab Donev, appointed by President Rumen Radev, Bulgaria signed a €2 billion, 13-year contract with the Turkish company to receive LNG through Turkish terminals. The document obliges Bulgaria to pay €500,000 per day, even if the full capacity is not utilised.
Mr Stankov said that the government's attempts to renegotiate the terms of the contract with Botas are ongoing, but have not yet yielded any results. 'This contract is generating expenses for a service we are not using,' he said, adding that 'we do not need it today or for the next 13 years.' He added that the document does not contain a termination clause unless the full amount, which exceeds two billion euros, is paid.
Published and translated by E. Radkova
A total of 85 folk ensembles from across the country will participate in the "Sparks from the Past" festival, which will take place in the mountain town of Apriltsi on July 26 and 27. The open-air stage for the performances will be set up at..
On Saturday, it will be sunny and even hotter. In the afternoon, clouds will form over the mountainous regions of Western Bulgaria, and by the evening, also in the northwestern areas. Isolated thunderstorms and rain showers are expected in some..
The flaws in the Constitution, admitted by the government of the GERB-SDS and PP-DB coalition with the support of the DPS in 2023, were not removed by the Constitutional Court. That is how President Rumen Radev commented on the fact that yesterday the..
A Moroccan national was shot while illegally crossing the Bulgarian-Turkish border near the village of Zvezdets, Chief Commissioner Anton Zlatanov,..
Bulgarian students won four bronze medals and one honorable mention at the 2025 International Physics Olympiad held in Paris, the Ministry of..
Medical University Sofia has been ranked as the best university in Bulgaria according to the 2025–2026 Best Global Universities ranking by U.S. News..
+359 2 9336 661