During a briefing at the Ministry of Energy, it was revealed that Bulgargaz intends to pursue legal action against Gazprom Export, seeking damages amounting to BGN 400 million. This decision stems from the termination of gas supplies to Bulgaria by the Russian company in 2022. Gazprom Export ceased the supply of gas to Bulgaria at the end of April 2022, approximately two months after the onset of the conflict in Ukraine.
Caretaker Minister Vladimir Malinov also disclosed that the Turkish company, "Botas," has agreed to grant Bulgaria a discount of 11 million euros in June.
In response to the unprofitable terms of the existing contract with Botas, Minister Malinov traveled to Turkey at the end of April for negotiations. The contract in question, which was signed during Galab Donev's tenure, spans a duration of 13 years and is valued at over 2 billion dollars.
Furthermore, it was reported that 13 companies have expressed interest in procuring gas through Turkey via the contract with Botas.
Several institutions in Bulgaria are preparing to switch the fees they charge businesses and citizens to euros, as part of the country's upcoming transition to the eurozone
Chief Commissioner Anton Zlatanov, Director of the Border Police Directorate, praised the efforts that led to Bulgaria's advancement toward Schengen membership
Bulgaria may halt the transit of Russian gas to Serbia via the TurkStream pipeline starting in the new year if Gazprom fails to ensure payment compliance with U.S. sanctions against Gazprombank
Oil prices increased in early Asian trading this morning after the fall of Syrian President Bashar al-Assad introduced greater uncertainty in the Middle East.
The price of natural gas in Bulgaria is expected to rise by nearly 11% in December, reaching 76 leva per megawatt-hour before taxes and additional charges
Bulgaria Ranks Second in the Balkans at Paris 2024 Olympics, 26th Overall
Bulgaria Leads Europe in Heat-Related Deaths in Record-Breaking 2023
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