The commercial exploitation of the liquefied gas terminal near Alexandroupolis, which is key to Bulgaria’s energy security, will be delayed by two months. The deadlines, set for the beginning of January, are being postponed until March, 2024, BGNES reports. The reason for the delay is the updated business plan adopted on 3 November at a meeting of the board of directors of the project company Gastrade SA which is constructing the terminal. The update had to be made because of the approval, by the European Commission, of the request by the Greek side for additional state aid for the project amounting to EUR 106.1 million. The aid is granted after a significant increase in the planned expenditure for the construction and exploitation of the facility, as compared to the projected costs.
President Rumen Radev has returned amendments to the State Property Act to Parliament for further discussion, the President’s press office announced. The changes were adopted on 31 July, the last working day before the National Assembly’s summer recess...
For the first 7 months of 2025, compared to the same period in 2024, electricity exports from Bulgaria have been growing. This was what the director of the Electricity System Operator (ESO), Angelin Tsachev, told the Bulgarian..
Starting in November, euro banknotes and coins will be offered for purchase to businesses and citizens before entering the eurozone on January 1, 2026. Traders will have to obtain euro banknotes and coins in order to be able to..
We expect the governments of Belgium and the Netherlands to decide soon on the acquisition of their decommissioned mine hunters by..
Starting in November, euro banknotes and coins will be offered for purchase to businesses and citizens before entering the eurozone on..
For the first 7 months of 2025, compared to the same period in 2024, electricity exports from Bulgaria have been growing. This was..
+359 2 9336 661