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Russia has sold fossil fuels worth 46.6 billion euros to European Union countries since the start of the war in Ukraine on February 24 this year, according to the Finnish-based Center for Energy and Clean Water Research (CREA)
“Bulgaria is able to replace all gas supplies from Russia”, Deputy Prime Minister Asen Vassilev told reporters in Brussels.
Greece plans to pay Russia's gas supplier Gazprom next month in a way that will not violate European Union sanctions against Russia. This was stated by the Minister of Energy Kostas Skrekas.
“If the gas is completely stopped, after the end of May the buses in the public transport will run according to a holiday schedule (30 minutes rough estimate).
The World Bank predicts the strongest price crisis in 2022 since the 1970s due to jumps in the price of energy, metals and food. This is stated in the new Commodity Market Outlook.
The Central Bank of Turkey announced at a briefing on Thursday that it has revised its inflation forecasts and now expects them to grow by as much as 42.8% by the end of 2022, compared to a previous inflation forecast of 23.2%.
“There is no danger of stopping the hot water in Sofia in the summer due to the suspended gas supplies by Gazprom
The funds with which Germany buys Russian fuel are the largest share of revenues in Russia's budget in the first two months of the war in Ukraine. This was stated by an independent research group, writes Sky News.
“Greece will offer assistance to Bulgaria after Russia suspended gas supplies to our country”. This was statedtoday by the Prime Minister of Greece Kyriakos Mitsotakis to Kiril Petkov today, Reuters reports.
For the time being, Bulgaria has no intention of stopping transit gas to Serbia and Hungary. This became clear at a briefing by Bulgarian Energy Minister Alexander Nikolov, who gave more details about Gazprom's decision to suspend natural gas supplies to
About 100 buses and 300 trucks took part in the protest of the carriers against the high fuel prices and the introduction of new tariffs for the toll system. They were positioned in front of the Council of Ministers, parliament and from BNB to Alexander N
Austrian Chancellor Karl Nehammer announced on Wednesday that his government, along with Austrian oil company OMV, has agreed to pay for Russian gas imports in rubles.
Gazprom has completely cut off supplies to Bulgargaz and PGNiG because the countries do not pay in rubles for fuel.
Yesterday, a letter was received from Gazprom Export, stating the suspension of natural gas supplies to Bulgaria. This should be confirmed in practice in minutes.
"At this stage, Russian gas supplies to Bulgaria have not been interrupted so far," Vladimir Malinov, executive director of the Bulgarian gas network operator Bulgartransgaz, told Reuters.
Gas supplies to Poland from Russia have been restored. This is shown by data from the network of gas transmission operators of the European Union on Wednesday, quoted by Reuters.
“Before running out of supplies in Chiren, the Russians will release gas to Bulgaria. This case will not last more than a week, maximum 10 days, as this is a kind of test of what would be the effect if natural gas supplies are cut in Europe.”
Today, Bulgargaz received a notification that natural gas supplies from Gazprom Export will be suspended as of April 27.
As of today, April 26, Sofia District Heating (“Toplofikacia”) will start phasing out the heating in the capital, the company announced.
The institutional sector "State Government" reports a budget deficit of BGN 5.433 billion, which is 4.1% of Bulgaria's gross domestic product (GDP), according to preliminary data from the National Statistical Institute.
German arms manufacturer Rheinmetall has offered to sell 88 second-hand Leopard battle tanks to Ukraine. The offer apparently includes training in Germany, spare parts and ammunition, according to documents obtained by the DPA.
Business | April 26, 2022, Tuesday // 10:20
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