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Bulgaria's Economy Minister Bozhidar Lukarski, photo by BGNES
Economy Minister Bozhidar Lukarski has said that the South Stream gas pipeline should not be considered suspended until Russia comes up with an official statement on the matter.
Speaking Tuesday at a conference “The Transatlantic Trade and Investment Partnership (TTIP): Prospects for Small and Medium-Sized Businesses”, Lukarski recommended refraining from comments on the matter until Russia issued an official statement on the move.
He said that caretaker Economy Minister Vasil Shtonov had sent a letter to Russia in August saying that the gas pipeline project clashed with EU requirements and not that the EU was not interested in it.
Asked to comment on whether the announcement of Russian President Vladimir Putin for the suspension of the South Stream gas pipeline project had been a move aimed at pressuring Bulgaria into lifting the ban on shale gas drilling, Lukarski assured that the moratorium on the production of shale gas through hydraulic fracturing would remain in place.
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Tucker Carlson, the prominent American pundit and former Fox News anchor, has revealed that he will be interviewing Russian President Vladimir Putin during his current visit to Moscow
He commented on the words of former US Secretary of State Mike Pompeo, who announced at a lecture organized by the Confederation of Employers and Industrialists in Bulgaria (KRIB) that the answer to Bulgaria's energy independence is not abroad but in the
US President Joe Biden and Russian President Vladimir Putin talked for about two hours on a secure video link on Tuesday amid escalating tensions between Russia and Ukraine, world media reported.
Caretaker Economy Minister Kiril Petkov Friday said that his ministry is preparing an alert to the prosecution service about a project for "a ministerial complex in Sofia Tech Park".
Russian President Vladimir Putin likened the country's COVID-19 vaccine to a Kalashnikov assault rifle during a televised video conference on Thursday.
The construction of BGN 40 million production plant for aluminum profiles, the largest on the Balkans, has started in Trakia Economic Zone.
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
