Varna Sees Significant Rise in German and European Tourists in First Half of 2025
German tourists are once again choosing Varna as a destination, according to the latest data from the Ministry of Tourism
Azerbaijan with supply Bulgaria with gas that will be destined for the "Balkan Gas Hub", according to the Bulgarian Energy Ministry.
The decision was taken at the 4th intergovernmental committee in Baku, where 2020 was confirmed as a beginning.
A protocol that will pave the way for a study into gas deliveries options to third countries was also signed at the meeting.
Gas from Shah Deniz 2, a deposit in Azerbaijan, will flow via Bulgaria's interconnectors with Turkey and Greece starting from 2023, the statement also reads.
The Balkan Gas Hub, however, is a project with no clear timetable which the Bulgarian government has voiced intention to carry through, but which the EU Commission warns should not be executed before Bulgaria completes its gas links.
Deputy Energy Minister Zhecho Stankov, who participates in the delegation, has also said Azerbaijan has shown interest in Bulgaria's gas deposit of Chiren.
Bulgaria has reached a strategic financing agreement with the American Citibank for the construction of Units 7 and 8 at the Kozloduy Nuclear Power Plant
Energy Minister Zhecho Stankov shared encouraging news for Bulgaria’s energy sector, highlighting that financial institutions are prepared to provide funding eight times greater than what is required for the construction
Energy Minister Zhecho Stankov has firmly criticized the 2022 agreement between state-owned Bulgargaz and Turkish company Botas, arguing that there was no objective reason to enter into such a deal
Authorities have launched a wide-ranging investigation into the controversial gas transmission agreement between Bulgaria’s state-owned Bulgargaz and the Turkish company Botas
The European Commission is preparing a new phase of green legislation that could significantly impact fuel prices across the EU
As of July 1, a new pricing period begins for household electricity, heating, and hot water in Bulgaria
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