Winter Tourism: 1.8 Million Visit Bulgaria
Bulgaria has witnessed a bustling winter tourism season, with a total of 1.8 million tourists gracing its picturesque landscapes from December 1 to March 25
Prime Minister Boyko Borisov expressed his ambition to turn Bulgaria into a key state for the transit of natural gas in the region of Southeastern and Central Europe.
In an interview for Deutsche Welle, Borisov referred to the projected gas hub Balkan, which is planned for construction near the city of Varna.
The project foresees gas in the hub be supplied from Russia, Azerbaijan and Turkmenistan as well as from Bulgarian and Romanian deposits.
According to Borisov, the Bulgarian government and the European Commission are jointly developing the project and securing funding for it.
Bulgarian authorities point that the completion of the gas storage will contribute to the partial diversification of gas supplies to the EU.
The hub will distribute gas to Bulgaria, Romania and Serbia, with the plans foreseeing another 43 billion cubic metres to reach Central Europe.
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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"
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
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022