Representatives of Bulgargaz and the Turkish company BOTAŞ held another round of negotiations in Sofia regarding the agreement between the two companies. Earlier, the National Assembly mandated the Minister of Energy to renegotiate the agreement in order to preserve the financial stability of Bulgargaz. The management of the company will inform the Minister of Energy about the results of the meeting as soon as possible, the state gas supplier Bulgargaz told the media.
Under the agreement signed in early 2023 by Galab Donev's caretaker cabinet, Bulgaria committed to paying over 4 billion BGN (more than EUR 2 billion) for reserving access to Turkish LNG terminals, even if no gas is imported from Turkiye. In an interview with BNT today, Minister of Energy Vladimir Malinov stated that Bulgaria will definitely try to to renegotiate the financial and economic terms of the contract with BOTAŞ, whose implementation is now a serious financial burden for Bulgargaz. He noted that the gas supplier is in a difficult financial situation, with losses of about 200 million BGN for the first half of the year.
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..
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..
The parliament adopted on second reading amendments to the Electronic Communications Networks and Physical Infrastructure Act. The aim is to shorten the terms for issuing documents for construction and putting digital technologies..
On Sunday, the lowest temperatures will range between 1°C and 6°C, around 2°C in Sofia. During the day, it will be mostly sunny, with temporary..
Protests demanding safer roads following the death of 12-year-old Siyana Popova took place across the country. Thousands of people gathered in the..
The relations between Bulgaria and Turkiye—friendly, cooperative and steadily built over decades—are a guarantee for protecting not only national but..
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