Text size

EU finds no competition violation in Botas deal

published on 12/21/24 4:04 PM

Photo: BNR-archive

The European Commission's Directorate-General for Competition has notified Bulgargaz and Bulgartransgaz that the case on the agreements concluded between the Bulgarian companies and the Turkish energy company Botas has been closed and no competition violations have been found.

In October 2023, the EU opened a case to investigate whether EU competition rules were violated by the deal concluded at the end of 2022 for the supply of liquefied natural gas from terminals in Turkey and the reservation of capacity at interconnection points between Bulgaria and Turkey.

The commercial parameters in the contracts were not checked, Brussels said. The temporary parliamentary committee in Bulgaria, which was established at the end of 2023 to verify the facts of the contract, found losses of $500,000 per day for the Bulgarian side from the Botas deal.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News Botas Bulgargaz

More from category

Boyko Borisov: Bulgaria will join the eurozone on January 1 despite protests

GERB leader Boyko Borisov said in Parliament that Bulgaria will become a member of the eurozone on January 1, regardless of protests organized by representatives of We Continue the Change Democratic Bulgaria (PP-DB). He was commenting on opposition..

published on 11/26/25 11:06 AM

Bulgaria at risk of non compliance with the EU's fiscal framework in 2026

Six countries, including Bulgaria, are at risk of non compliance with the EU fiscal framework in 2026. This is highlighted in the 2026 European Semester Autumn Package, adopted by the European Commission. Another 12 countries are urged to continue..

published on 11/26/25 10:06 AM

Prime Minister Rosen Zhelyazkov supports the peace plan for Ukraine

“Borders cannot be changed by force, and Ukraine’s long-term security must be guaranteed”, Bulgaria’s Premier Rossen Zhelyazkov said during a videoconference meeting of the “Coalition of the Willing”, led by French President Emmanuel Macron and UK..

published on 11/26/25 8:57 AM