Russia has imposed sanctions against 31 companies involved in the trade, transmission and storage of Russian natural gas in the E uropean U nion , Great Britain, the United States and Switzerland. WIEE Bulgaria EOOD, which owns a large..
Today, May 3, Bulgaria’s Premier Kiril Petkov is to attend a ceremony marking the start of construction of an LNG terminal in Alexandroupolis. Bulgaria’s company Bulgartransgaz has a 20% stake in the terminal which is expected to be completed by the..
The leader of GERB party Boyko Borissov has accused the government of participating in corruption schemes in the gas sector. In his words, this will lead to a significant increase in the price of gas. According to Borissov, a company called MET..
Energy Ministers from European Union countries are expected to hold emergency talks on May 2 after Russia’s Gazprom halted gas supplies to Bulgaria and Poland last week. The Energy Ministers will study the possibilities for additional action..
The price of gas for May in Bulgaria will be equal to the prices on European exchanges and the increase will be about 35% , predicts the chairman of Bulgaria's energy regulator Stanislav Todorov. A final decision was not reached at the open meeting..
Greece and Germany are poised to send more gas to Bulgaria and Poland after the suspension of Russian imports , the Financial Times reported, citing data from German and Greek gas operators and increased volumes of reserved gas capacities at the..
US President Joe Biden stated he was working to divert natural gas directly to Bulgaria and Poland in response to the suspension of Russian supplies. "We will not let Russia intimidate or blackmail their way out of these sanctions. We will not..
During his visit to Spain, Bulgaria's President Rumen Radev has discussed with Spanish Prime Minister Pedro Sanchez security in Europe, the suspension of supplies of Russian natural gas, as well as opportunities to build modern defence capabilities ...
Employers 'organizations in Bulgaria are pushing for the resumption of talks with Gazprom and the resumption of gas supplies, Economy and Industry Minister Kornelia Ninova said, as quoted by BNT and BTA after a meeting with employers' organizations...
The position of the Bulgarian side, as well as of the European Commission, remains firm - possible payments in rubles are a violation of the contractual relations between Bulgargaz and Gazprom Export . Upon maturity of the contract, payments continue to..