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Bulgaria, which aims to reduce its almost total dependence on Russian gas supplies, will soon publish details of a licensing round to open the Silistar and Teres oil and gas blocks in the Black Sea, a senior government official has said.
In an interview with Reuters, Bulgaria's Deputy Energy Minister Zhecho Stankov said on Wednesday that diversification from Russia and making Bulgaria an energy hub are priority tasks for the southeast European country.
Speaking on the sidelines of a meeting of EU energy and environment ministers in Latvia’s capital Riga, Stankov told Reuters: "We want to change to south to north," adding the status quo was from the Russian north to the south.
"We want (pipelines) TAP, TANAP and a vertical corridor."
You can read the full Reuters article “Bulgaria seeks to redraw EU pipeline map away from Russia” here.
Annual inflation in Bulgaria accelerated in March to 4.1% on a yearly basis, up from 3.3% in February, according to National Statistical Institute data
Political analysts suggest that the outcome of Hungary’s recent elections could resonate in Bulgaria ahead of its own vote, potentially shaping voter behavior and political positioning
Bulgaria is not currently facing a measles outbreak, but declining vaccination coverage is raising concerns about a potential epidemic, Acting Health Minister Assoc. Prof. Mihail Okoliyski said in an interview with BNT
Bulgarian authorities have blocked the entry of more than 370 tons of food products from non-EU countries over the course of roughly one month, following inspections at the Union’s external borders
Speaking at a public meeting in Pazardzhik, “We Continue the Change” leader Asen Vassilev warned that a new external shock linked to Iran could trigger another major economic crisis, with direct effects on energy prices, food costs and vulnerable househol
Speaking in Asenovgrad, the leader of “Progressive Bulgaria” Rumen Radev said that a high voter turnout could fundamentally reshape the political landscape, arguing that mass participation would lead to the removal of Boyko Borissov and Delyan Peevski fro
Energy expert Boyan Rashev has warned that Europe could be moving toward what he described as an “energy lockdown” scenario if fuel supply pressures continue to worsen
Fuel prices in Bulgaria have continued to edge upward, with diesel and gasoline both registering increases in the days following the Easter holiday
The president of the Confederation of Bulgarian Trade Unions, Plamen Dimitrov, has warned that inflation in Bulgaria is likely to exceed earlier projections, even if fuel prices begin to decline
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
Aniventure Comic Con Returns to Bulgaria with Star Guest Christopher Judge!
Global Fuel Shock: Oil Jumps Over 40% Since Iran War Began
