Bulgaria’s Minister of Energy Zhecho Stankov and Vanya Ivancheva, Country Chair Shell Bulgaria, signed a contract for oil and gas exploration in Bulgaria’s exclusive economic zone in the Black Sea. The ceremony took place at the Council of Ministers building in the presence of Premier Rosen Zhelyazkov.
The exploration will cover Block 1-26 Khan Tervel, an area of approximately 4,000 square kilometers, which is adjacent to Block Khan Asparuh, where drilling is already underway in search of deposits.
According to Minister Stankov, the gas that may be discovered in the onshore and offshore territory of the Black Sea will be the cheapest for Bulgaria, as it will not include transit fees for delivery, reaching up to 30% of the final price. In the case of future discoveries, the country is expected to receive concession payments, which could reach up to 30%.
Citizens will tonight show their solidarity with the Roma families from the Zaharna Fabrika neighbourhood in Sofia who were left homeless after their homes were demolished on April 15. At 19:00, they will gather at the site of the demolished houses and..
Hundreds of believers from all over the country gathered at the Bachkovo Monastery to take part in the traditional liturgical procession with the miraculous icon of the Virgin Mary. The procession began at 8am, accompanied by the ringing of bells and led..
Monday will be mostly sunny . In some places in the lowlands and valleys in the morning hours there will be short-term fog. Mainly in the Rila-Rhodope region and around the Balkan Mountains there will be rain. Minimum temperatures will be between..
When carrying out border control and compensatory measures, Border Police officers also carry out checks in the automated information..
Exactly at midnight, the Patriarch of the Bulgarian Orthodox Church Daniil announced the Resurrection of Christ and greeted the Bulgarians with “Christ is..
“Today, united by the power of our faith in the redemptive sacrifice of Jesus Christ, we celebrate together again and are inspired by His Resurrection...
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