New Russian Missile Attacks in Ukraine
Ukraine finds itself once again under fire from Russian missiles, marking a new wave of violence in the region
Ukraine is ready to accept a loan from Russia in order to pay its debt to Gazprom, the country's Energy and Coal Industry Minister Yuriy Prodan announced.
The event follows the statement of Gazprom's chief Alexei Miller, who insisted that Ukraine should "immediately" deliver on its liabilities to the energy giant worth USD 2.2 B (EUR 1.6 B).
"If Russia provides the loan... we are ready to make full payments for the gas," Prodan was quoted as saying by Russian outlet RBC Daily.
In December 2013, under ousted Ukrainian President Viktor Yanukovych, Kiev and Moscow agreed on a USD 15 B (EUR 11 B) loan, which was however frozen after turmoil in Ukraine's capital and other cities.
Earlier on Tuesday, Russia announced a second gas price hike for Ukraine, short after a delegation from the country tried to re-negotiate conditions of its debt and pricing regime with Gazprom.
Kiev will have to bay USD 485 per 1000 cubic meters of gas, compared to USD 385 announced on April 1 for the same amount and USD 268.5 which was paid under the previous special rates.
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Eurostat's latest findings have shed light on the shifting landscape of household energy prices in the European Union, with Bulgaria emerging as a frontrunner in affordability.
The Nuclear Regulatory Agency (NRA) has greenlit the phased transition to a new type of nuclear fuel for Unit 5 of Kozloduy Nuclear Power Plant (NPP), manufactured by Westinghouse
In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May
The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
Oil prices have surged due to renewed concerns about the Middle East conflict. Brent crude futures increased by 0.32% to 90.80 USD per barrel, while American WTI crude rose by 0.3% to 86.50 USD per barrel
Bulgaria's state-owned energy company, "Bulgargaz," has suffered a significant setback, losing 27% of its market share as a result of a contract with the Turkish company "Botas"
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022