Azerbaijan’s state oil company SOCAR has assured the Bulgarian authorities that the first gas deliveries to Bulgaria can be made in 2020, Bulgaria’s Deputy Minister of Energy Zhecho Stankov announced after a meeting with the management of SOCAR in Baku. The new infrastructure of the Southern Gas Corridor will start functioning in 2020. On the other hand, we have been informing our Azerbaijani partners on a monthly basis about the state of construction of the gas interconnection between Bulgaria and Greece, Deputy Minister Stankov further said. That country has assured us that in 2020 Bulgaria will start receiving through the Southern Gas Corridor 1 billion cubic meters of gas. Zhecho Stankov also pointed out that after 2023 Bulgaria will have the opportunity to import higher gas quantities from Azerbaijan from other gas deposits. So far Bulgargaz signed a contract for the purchase of 1 billion cubic meters of gas per year from Shah Deniz 2 gas field.
We hope that today Bulgaria will receive a derogation from the US sanctions against Russian company Lukoil, such as the one in Germany - for 6 months. This was what Boyko Borissov, leader of the GERB party, said. In anticipation of..
The European Commission has temporarily put on hold the preliminary assessment of Bulgaria’s request for the third payment under the national Recovery and Resilience Plan, amounting to EUR 1.6 billion, informed sources in Brussels told BNR...
The leader of the ''Alternative for Bulgarian Revival'' party Rumen Petkov, MP Galin Durev from the coalition ‘'BSP – United Left’' and Iliyan Sarandaliev paid a visit to Moscow. They held meetings with Nikolay Shulginov, Chairman of the State Duma..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks..
On Tuesday, overnight lows will range from 7°C to 12°C, rising to 12–16°C in eastern Bulgaria and around 9°C in Sofia. It will be a cloudy day with rain,..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
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