Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

EU finds no competition violation in Botas deal

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!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Mural unveiled in Bulgaria's Plovdiv dedicated to 20 years of Bulgaria's NATO membership

In the presence of diplomats, Bulgarian Foreign Minister Ivan Kondov unveiled in Plovdiv the latest mural from the ministry's competition "Bulgaria - More Beautiful in NATO". The event is dedicated to the 20th anniversary of the country's membership in..

published on 12/21/24 9:45 AM

Weather forecast: Yellow weather alert for rain and snow in 21 regions of the country

On Saturday, a cold front will sweep across the country. During the night there will be rain in Western and Central Bulgaria, and snow in the mountains and on higher ground. A snow cover will form. Minimum temperatures 1-6° C., for Sofia around 1°..

published on 12/20/24 6:35 PM

Traffic on the Danube Bridge near Ruse has been temporarily restored

Traffic on the Danube Bridge near Bulgaria's Ruse on the border with Romania has been temporarily restored in both directions as of today . Due to the expected increased traffic through the border crossing during the upcoming Christmas and New Year..

published on 12/20/24 6:18 PM