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Martin Dimitrov. Photo by BGNES
Bulgaria struck a financial agreement with Russia alongside a secret deal on the construction of South Stream, a Reformist Bloc representative said Friday.
Martin Dimitrov's comments come a day after other bloc members alleged that they had gained access to evidence of a "secret deal" with Gazprom on the South Stream project.
Dimitrov claimed in an interview with the Bulgarian National Radio that the agreement had unfavourable interest rates and added it had been signed after the start of an EU Commission infringement procedure against Sofia over the pipeline.
Though not elaborating on his sources, he referred to Thursday's announcement of the "secret" construction deal made by fellow colleague Petar Moskov.
The government is yet to confirm or deny that any deals had taken place.
Cabinet members, including Prime Minister Plamen Oresharski and Economy Minister Dragomir Stoynev are to be heard in Parliament over South Stream, after Oresharski first announced the construction of the pipeline would be frozen and Parliament Speaker Mikhail Mikov later downplayed his decision by saying the project was under way.
Bulgaria’s fuel market has recorded a sharp upward shift since the outbreak of the war in Iran, with diesel and petrol prices rising significantly across the country
The second exploration drilling in the Krum-1 area of the Khan Asparuh block in Bulgaria’s Black Sea has also failed to identify commercially significant natural gas deposits, according to OMV Petrom
The Ombudswoman institution has voiced strong opposition to the proposed increase in heating prices in Sofia, which is expected to approach nearly 30 percent
The Energy and Water Regulatory Commission (EWRC) in Bulgaria has set the price of natural gas for April 2026 at 34.27 euros per megawatt-hour, excluding access, transmission, excise duties and VAT
Fuel prices in Bulgaria have recorded a sharp upward movement over the past month, with diesel showing the most significant increase, according to data from the Fuelo platform
Bulgargaz has defended its previously submitted proposal for a 5% rise in natural gas prices for April before the Energy and Water Regulatory Commission, with CEO Veselin Sinabov stressing that there is currently no justification for any further increases
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