Will Bulgaria Have a Stable Government After Yet Another Election in June? Our Readers Have Spoken
On our Facebook page, readers were asked about Bulgaria's stability after the June elections
In two years Bulgaria will be able to achieve diversification, Iliyan Vasilev, a former Bulgarian ambassador to Russia and currently an energy expert, has said.
Speaking on an event presenting a report on Russia-Turkey relations held in Sofia on Monday, Vasilev argued links with Romania and Greece could be used to this end, but denied to give further details.
"A country like ours with 2.b billion [cubic meters of gas, probably the amount consumed per annum] are so easy to diversify that it's not even worth," he declared.
Bulgaria is currently building gas links with most of its neighbors, but construction has been delayed for years.
The report prepared by Dimitar Bechev, a senior research fellow at the London School of Economics, concludes that in the long-term cooperation between Turkey and Russia in the energy sector will be marked by their diverging interests. On the present state of relations, it notes: "What we are witnessing looks more like a marriage of convenience than a fundamental realignment or the emergence of an "axis of the excluded"."
Former Energy Minister Traycho Traykov was also present on the event.
More details about the event here.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
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"
A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament
Natural gas prices in Europe experienced a significant spike, surpassing 2% to reach 29 euros per megawatt-hour (MWh) on Monday
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022