Gazprom is selling its 50-percent stake in gas company Overgas Inc., registered in Bulgaria. For many years Overgas Inc. used to be an intermediary in deliveries of certain quantities of natural gas to Bulgaria. With revenues Overgas created gas supply networks in a number of villages and towns in the country. In the last working day of 2015, Gazprom Export informed the management of Overgas Inc., that gas supplies to the company would stop on January 1, 2016, which directly affected 59,000 households in the country. Due to urgent decisions by the cabinet, the crisis was quickly resolved with supplies from Bulgarian state company Bulgargaz. Later Overgas Inc. filed a claim at the arbitration court in Paris, arguing that halting gas supplies was in violation of a contract.
The project company "Kozloduy NPP - New Capacities", working on the construction of the new units No. 7 and No. 8 of the Kozloduy Nuclear Power Plant, has begun negotiations with Bulgarians who live abroad and have experience in nuclear power plants in..
A permanently functioning coordination mechanism will control, prevent and counter smuggling, Prime Minister Rosen Zhelyazkov announced after a meeting with representatives of the services. "The objectives are clear, and the approach will be solid",..
“We Continue the Change – Democratic Bulgaria” called on Minister of Regional Development Ivan Ivanov to immediately dismiss the chair of the Management Board of the Road Infrastructure Agency, Eng. Yordan Valchev. “The reasons for..
Energy Minister Zhecho Stankov attended the tenth edition of the Delphi Economic Forum in Greece. "Bulgaria is a reliable partner in the region's energy..
Sofia public transport workers will protest on Monday, April 14, demanding increase in wages . The decision to protest was made after meetings between the..
Testing of the sectional average speed control system began today. The tests are being conducted by the National Toll Authority in cooperation with the..
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