BGN 100 Million Budget for the Elections in Bulgaria
The new acting finance minister, Lyudmila Petkova, unveiled the budget for the upcoming elections, which amounts to BGN 100 million
HOT: » Which party would you vote for (if you could) in the upcoming snap vote in Bulgaria on April 19?
Plamen Rusev, the current Director of the Bulgarian branch of Trans-Balkan Pipeline, is to be replaced by the Bulgarian government with Denitsa Beyazova. File photo
Bulgaria's Finance Ministry wants to appoint a new manager in charge of the Bulgarian branch of the Trans-Balkan Pipeline company set up for the construction of the Burgas-Alexandroupolis oil pipeline.
The Bulgarian Finance Ministry has suggested that Denitsa Beyazova become the Director of the Burgas-Alexandroupolis Pipeline Project Company BG EAD, the Bulgarian partner in the Trans-Balkan Pipeline company, a joint venture with Russia and Greece. The position is currently occupied by Plamen Rusev. (A recent interview of Novinite.com (Sofia News Agency) with Plamen Rusev READ HERE)
The news about the new nomination of the Bulgarian Finance Ministry, which is in charge of managing the Burgas-Alexandroupolis project in Bulgaria, was broken Thursday night by the CEO of the Trans-Balkan Pipeline company, Vladislav Emelyanov, who led a delegation of the company for two-day talks with the Bulgarian government on Wednesday and Thursday.
He said the TBB had been discussing the future of the controversial oil pipeline project for two days with senior officials in Sofia including Finance Minister Simeon Djankov himself.
The new nominee of the Bulgarian Denitsa Beyazova is currently a member of the Supervisory Council of the Trans-Balkan Pipeline company. He appointment will have to be approved by the General Assembly of the shareholders. The Russian officials of the TBB said Beyazova was acquainted with the pipeline project.
Bulgaria’s fuel market has recorded a sharp upward shift since the outbreak of the war in Iran, with diesel and petrol prices rising significantly across the country
The second exploration drilling in the Krum-1 area of the Khan Asparuh block in Bulgaria’s Black Sea has also failed to identify commercially significant natural gas deposits, according to OMV Petrom
The Ombudswoman institution has voiced strong opposition to the proposed increase in heating prices in Sofia, which is expected to approach nearly 30 percent
The Energy and Water Regulatory Commission (EWRC) in Bulgaria has set the price of natural gas for April 2026 at 34.27 euros per megawatt-hour, excluding access, transmission, excise duties and VAT
Fuel prices in Bulgaria have recorded a sharp upward movement over the past month, with diesel showing the most significant increase, according to data from the Fuelo platform
Bulgargaz has defended its previously submitted proposal for a 5% rise in natural gas prices for April before the Energy and Water Regulatory Commission, with CEO Veselin Sinabov stressing that there is currently no justification for any further increases
Aniventure Comic Con Returns to Bulgaria with Star Guest Christopher Judge!
Global Fuel Shock: Oil Jumps Over 40% Since Iran War Began