Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

BICA Chairman Vasil Velev: Gazprom's suspension of gas supplies to Bulgaria is a "legend"

Chairman of the Industrial Capital Association in Bulgaria (BICA) Vassil Velev
Photo: BGNES

The chairman of the Industrial Capital Association in Bulgaria (BICA) Vassil Velev defined as a "legend" the claim that Gazprom has stopped gas supplies to our country. "The contract has not been terminated - there is a 'take and pay' clause in it, i.e. in December we may find ourselves having to pay hundreds of millions without having consumed this gas," he told BNR. 

According to the businessman, Bulgaria continues to use Russian gas, but through intermediaries, "instead of directly and at a better price". 

Vassil Velev criticised the budget update and the reform plan, which, in his words, is being reframed into anti-crisis measures. He thinks that the main measure for business should be the compensation of high electricity prices due to the spiking inflation.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

General Labour Inspectorate identifies 51,000 violations in the first three months of 2025

In the first quarter of 2025, the control bodies of the General Labour Inspectorate Executive Agency shut down three times more sites, workplaces, machines and equipment that posed a direct threat to the life and health of workers, compared to the same..

published on 4/11/25 4:44 PM

Police detain tourist bus driver with over 2 permille of alcohol in his blood

The police in the town of Veliko Tarnovo (Central North Bulgaria) detained a tourist bus driver with more than 2 permille of alcohol in his blood while on duty. A tourist agency had hired a transport company from Pleven to transport its..

published on 4/11/25 4:14 PM

Bulgaria is an active participant in initiatives aimed at strengthening the defense capabilities of the EU and NATO

As an EU member state and a NATO ally, Bulgaria is an active participant in solidarity initiatives aimed at strengthening our deterrence and defense capabilities, Prime Minister Rosen Zhelyazkov said in his speech at the Antalya Diplomacy..

published on 4/11/25 2:32 PM