Former executive director of the state-owned Bulgargaz company, Nikolay Pavlov, was summoned today for questioning by the Prosecutor's Office in connection with the gas price crisis. "I explained how the gas market is functioning. That is all", the former executive director of Bulgargaz said. "I have no concerns, because we are impeccable", Nikolay Pavlov further said.
In an interview with BNR on Sunday, February 6, Pavlov said that the actions of the new management of the gas company and the accusations against the dismissed directors aim to bring back intermediaries in gas supply contracts, which would ultimately raise the price of natural gas for business. Pavlov added that in this way Bulgargaz would be pushed out of the market.
Great Britain has issued a special license on Friday that allows businesses to continue to work with two Bulgarian subsidiaries of sanctioned Russian oil company Lukoil, Reuters and BNR Horizont reported. The general license allows companies and banks to..
The leader of "We Continue the Change", Asen Vassilev, described the selection of Rumen Spetsov as a special manager at Lukoil as a "bad joke". "Rumen Spetsov was appointed to collect taxes, not to manage a refinery. There is a..
The nominated person for special manager for the four companies of "Lukoil Bulgaria" is Rumen Spetsov, Minister of Economy, Petar Dilov, said. "He meets all legal requirements", Dilov added. The decision was discussed at the Security..
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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