Send to Kindle
BGNES
In the near future, Hungary could join the projects of Gazprom North stream and Turkish Stream, announced Yuri Ushakov, aide to Russia’s President on the eve of Putin’s visit to Budapest.
“I would like to point out the fair prospects for strengthening cooperation between Russia and Hungary in the oil-gas sphere: deliveries from Russia account for 75% of Hungarian consumption of oil and 60% of gas consumption. It is not improbable for our Hungarian partners to manage to join in the new routes developed by Gazprom for the delivery of energy supplies like North Stream and Turkish Stream. The issue of a link from Turkish Stream to Hungary is being discussed now.”
At their meeting in Budapest on Thursday, Putin and Hungary’s PM Orban will discuss the situation in Ukraine and the Middle East. According to Ushakov, the two politicians will also talk about restoring the relations between the EU and Russia.
“Hungarians are playing a sufficiently positive role in this aspect,” underlined Ushakov.
The Russian Foreign Ministry has launched a sharp attack against Bulgarian institutions, accusing them of launching a targeted campaign against Russian language teachers
Energy Minister Zhecho Stankov sharply criticized the contract Bulgaria signed with the Turkish gas company Botas
U.S. President Donald Trump is resisting the imposition of new sanctions on Russia
Pensions from Russia to recipients in Bulgaria have unexpectedly stopped
On May 20, the European Union officially adopted its 17th sanctions package against Russia, intensifying pressure over the war in Ukraine
U.S. President Donald Trump has said he is ready to withdraw from his efforts to broker a peace deal between Ukraine and Russia
Energy Minister Zhecho Stankov sharply criticized the contract Bulgaria signed with the Turkish gas company Botas
Westinghouse Electric Company has strengthened its Bulgarian supply chain for the Kozloduy AP1000® project, signing memoranda of understanding with seven Bulgarian companie
The European Bank for Reconstruction and Development (EBRD) has invested €50 million in the first bond issuance by Bulgaria's Eastern Europe Electric Company (EEEC)
Turkey has significantly increased its natural gas exports, with a notable surge driven by the development of the Sakarya gas field in the Black Sea
Elliott Investment Management, led by billionaire Paul Singer, is exploring the possibility of acquiring a stake in a set of Bulgarian infrastructure assets, which includes a key extension of the TurkStream gas pipeline
The liberalization of the electricity market for households — meaning that residential consumers would join the free electricity exchange where businesses have traded for years — is being postponed.
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase
