Putin Declares Easter Ceasefire in Ukraine War
The Kremlin has announced that Russian President Vladimir Putin has ordered an “Easter ceasefire” in the war in Ukraine, declaring a temporary halt in hostilities lasting around 36 hours
HOT: » Which party would you vote for (if you could) in the upcoming snap vote in Bulgaria on April 19?
BGNES
Bulgaria can negotiate with Russia and the EU for the laying of one of the pipelines of Turkish Stream through its territory, said Russian expert Konstantin Simonov, head of the Fund for National and Energy Security.
According to Simonov, the situation at present resembles the crisis in the winter of 2009 when Bulgaria stopped receiving gas from Russia through Ukraine. The pipeline to Varna would solve this problem, said Simonov.
“The Russian-Turkish inter-governmental agreement stipulates that Russia is not obliged to build a second pipeline. Bulgaria has the option of making an offer to Russia if it wants the pipeline to reach directly its shore and if Bulgaria wishes to become a transit gas centre, albeit not a big one. In order for this to take place very clear proposals must be made on this issue by both Bulgaria, and Bulgaria and the EU. Otherwise, Russia will deliver gas to Turkey and Bulgaria will have to get it from Turkey.”
The idea of the gas hub Balkan to be constructed near Varna can be implemented via the construction of one of the pipelines of the gas pipeline Turkish Stream towards Bulgaria and it must run in the direction of your border with Greece, explained the expert. The question is for this pipeline to take on some of the gas transit and, then, we can say that there will be a hub there, but not a big one, rather a small one. Russia is, theoretically speaking, ready to deliver gas to Bulgaria and, after that, other Balkan countries can take it and distribute it to Europe – this is a totally realistic option.
Turkey will not re-sell Russian gas to Europe since it is the owner, stated Simonov.
“Russia’s stance is that Turkey will not re-sell gas to Europe – same as with Ukraine. I think the EU will agree – Turkey is the owner of half of the land section and, thus, it will receive its fee but there can be no option of the re-selling of gas by Turkey to the EU.”
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
Aniventure Comic Con Returns to Bulgaria with Star Guest Christopher Judge!
Global Fuel Shock: Oil Jumps Over 40% Since Iran War Began