Putin Declares Easter Ceasefire in Ukraine War
The Kremlin has announced that Russian President Vladimir Putin has ordered an “Easter ceasefire” in the war in Ukraine, declaring a temporary halt in hostilities lasting around 36 hours
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European Commissioner for Energy, German Guenther Oettinger and Ukrainian Energy Minister Yuriy Prodan (L) attended talks in Berlin aimed at solving Gazprom and Naftogaz's debt dispute. Photo by EPA/BGNES
Ukrainian Economy Minister Yuriy Prodan said "no progress" had been registered in negotiations with Russia over Kiev's debt for gas supplies.
His comments, which were later echoed by Ukraine's state-owned Naftogaz, followed his Russian counterpart Aleksander Novak and EU Energy Commissioner Gunter Oettinger's announcement that a temporary agreement had been reached and Ukraine would pay USD 2 B to Gazprom this week.
Prodan insisted "no breakthrough" had been observed during talks held between Russia, Ukraine and the European Commission in Berlin on Monday.
He added he "could not confirm" that Kiev would transfer the sum, thus putting earlier reports of progress into question.
Ukraine and Russia are embroiled in a dispute over pricing regime for the gas Kiev receives, as Moscow announced in April a sum that was 80% higher than the previous one.
On Tuesday Kiev added fuel to the fire by claiming that Russia had stolen some 2.2 bcm of gas from the Crimean peninsula since it absorbed the region in March.
Ukrainain authorities demanded an explanation by Moscow, which decided to seize the assets of Crimea-based Chernomorsknaftegaz short before the peninsula held a referendum on joining Russia.
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
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