Representatives of the Turkish energy company BOTAŞ are coming to Bulgaria for negotiations with Bulgargaz regarding Bulgaria's request to review the agreement between the two companies. This was one of the topics discussed by Bulgaria’s Minister of Energy Vladimir Malinov and his Turkish counterpart Alparlslan Bayraktar at a meeting in Istanbul a week ago.
On April 19, 2024, Bulgaria’s National Assembly tasked the Minister of Energy with taking the necessary steps to renegotiate the agreement between Bulgargaz and BOTAŞ for reserving access to Turkish LNG terminals. The agreement obliges Bulgaria to pay over 4 billion Leva (more than EUR 2 billion), even if no gas is imported from Turkiye. In its current form, the contract could lead to the bankruptcy of Bulgargaz. However, according to BOTAŞ, the proposed changes to the contract would "disrupt the basic dynamics of the agreement and would make its implementation impossible''. The agreement was signed in early 2023 by the caretaker cabinet headed by Prime Minister Galab Donev.
Most of the country will be cloudy on Thursday . Showers will occur in the afternoon in the south-west and in isolated places in the north-east. Minimum temperatures will range from 9°C in the west to 15°C in the east, 12°C in Sofia. Highs will be..
The Council of Ministers has granted the Kozloduy Nuclear Power Plant a derogation from the European regulation on restrictive measures in light of Russia's actions in Ukraine. With this derogation, Bulgaria's only nuclear power plant and its largest..
At today’s meeting, the Council of Ministers approved the opening of a consulate of Namibia in Bulgaria, headed by an honorary consular official based in Sofia. Bulgarian Mihail Mihaylov will take on the role of honorary consular official. He served..
Sofia’s urban subway system has proved to be among the most liked in Europe. The Sofia Metro was ranked the second best in Europe,..
Gorna Oryahovitsa will host a review of amateur creativity and a Festival of military brass bands of the Ground Forces. From September..
On Wednesday there will be scattered clouds, which will thicken up in the afternoon. In the Balkan Mountain and the massifs in..
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