Bulgarian PM Participated in the 7th Global Baku Forum in Azerbaijan
Prime Minister Boyko Borissov participated in the opening ceremony of the Seventh Global Baku Forum in Azerbaijan, organized by the NGO Nizami Gendzhi International Center.
BGNES
The ironclad guarantees demanded by Russian President Vladimir Putin from the EU for the delivery of Russian gas along the bottom of the Black Sea for the Balkan gas hub will not be given soon.
These will depend on the pre-project survey of the regional gas distribution centre near Varna. This is the opinion of the Spokesperson for Specific Energy Union Projects of the European Commission Jakub Adamowicz. He commented on Wednesday that the links between the gas network of Bulgaria and that of Europe and the modernised infrastructure are more important than single projects for the construction of pipelines.
Brussels is ready to finance in half the pre-project survey for the Balkan gas hub, which is expected to be announced at the beginning of next year. Before that, however, an analysis must be prepared of possible sources and routes for the delivery of gas to this centre, its liquidity and profitability. A public procurement order has been announced for the preparation of the document and offers may be submitted as of October 5, 2016. It is on the basis of this public procurement order that the EC expects Bulgartransgaz to request co-financing for the pre-project survey for the hub.
A new contract tied to the future construction of Kozloduy NPP’s seventh and eighth units was signed at the Council of Ministers between Kozloduy NPP–New Power Plants and the LEP-BWXT-CNPSA consortium
The Energy and Water Regulatory Commission has set the price of natural gas for December at 63.01 BGN per MWh, equivalent to 32.22 EUR per MWh
The Municipality of Gotse Delchev has approved one of the largest infrastructure projects in the region, granting unanimous consent to a cooperation agreement with the Swiss company
Turkey’s state-run energy company Botas reported a record loss of USD 1 billion (around 1.85 billion BGN) in 2024
Dimitar Georgiev, a Bulgarian financier and international markets analyst, stated that he does not anticipate any further increase in fuel prices in the country
Vladislav Panev, from the “Acceleration” Club and a former MP with the “Green Movement,” described the appointment of Rumen Spetsov as a special manager of Lukoil Bulgaria as surprising
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