Turkish Stream project will be delayed by six months and according to Bulgaria’s promise, will be completed at the end of 2020, the Russian energy giant Gazprom writes in a memorandum for new euro-bond issue. The construction of the gas pipeline had to be completed in the first half of 2020, Interfax reminds.
According to the agency, Bulgaria which has not completed its section of the gas pipeline (Balkan Stream) due to the Covid-19 pandemic is the reason for the delay. This country has to build a 474 kilometer-long pipeline from the border with Turkey to the Bulgaria-Serbia border. The project is estimated at EUR 1.1 billion without VAT. Meanwhile, Bulgaria is alreay receiving gas for own consumption from Turkish Stream, Interfax claims.
“All sites in the “Lukoil” retail network are functioning and will continue to operate in normal mode.” This is stated in a press release from the company regarding information spread in some media about the upcoming termination of the activities of..
The parliamentary Energy Committee has rejected President Rumen Radev’s veto on the legislative amendments concerning the powers of the special manager of “Lukoil Neftohim Burgas.” President vetoes legislative amendments related to the special..
For the first time in the 40-year history of the audio-visual show "Tsarevgrad Tarnov - Sound and Light" in Veliko Tarnovo, its two versions will be shown in one day, the press center of the municipal administration has reported...
On Saturday, the lowest temperatures will be between 0 and 5°C; in Sofia - it will be around 0°C. During the day it will be mostly..
The Bulgarian Ministry of Defense is requesting a postponement of one of the large payments under the contract for the second F-16 to 2028. Defense..
Great Britain has issued a special license on Friday that allows businesses to continue to work with two Bulgarian subsidiaries of sanctioned Russian oil..
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