By the end of the year, Bulgargaz will have to pay an additional €10 million under the contract with Botas due to indexation. This information was reported by BGNES and confirmed by Energy Minister Zhecho Stankov.
During the caretaker government of Galab Donev, appointed by President Rumen Radev, Bulgaria signed a €2 billion, 13-year contract with the Turkish company to receive LNG through Turkish terminals. The document obliges Bulgaria to pay €500,000 per day, even if the full capacity is not utilised.
Mr Stankov said that the government's attempts to renegotiate the terms of the contract with Botas are ongoing, but have not yet yielded any results. 'This contract is generating expenses for a service we are not using,' he said, adding that 'we do not need it today or for the next 13 years.' He added that the document does not contain a termination clause unless the full amount, which exceeds two billion euros, is paid.
Published and translated by E. Radkova
For the third day in a row, Sofia will remain without ground public transport, the Center for Urban Mobility announced on its Facebook page. After a several-hour meeting with the capital's mayor Vasil Terziev, representatives of the Confederation of..
Rain will begin in the western half of the country on Thursday night and spread across the whole country during the day . Cooler air will also move in. Maximum temperatures will range from 12°C in the west to 20°C in the east, with around 12°C in Sofia...
Sofia Mayor Vasil Terziev met with the transport unions, representatives of the protesting employees of the capital's public transport for the second day, who are demanding a salary increase . The meeting ended without reaching an agreement. However,..
A protest under the slogan "Decent work - decent remuneration! There is no economy without transport!" stopped the operation of all..
The protest of the workers in Sofia's public transport, which has blocked the capital since the morning, is still ongoing , the chairman of the..
The idea of a referendum on the euro is supported by 63.3% of Bulgarians and 35.3% are "against". This is shown by an independent poll by the Myara..
Mostly Cloudy
Partly Cloudy
Clear