Send to KindleThe Russian energy company Gazprom and the Ukrainian Naftogaz have signed additional protocols to their gas supply contracts.
The new agreements stipulate the reduction of Russian gas supplies to the Ukraine for 2010 – from 52 billion cubic meters down to 33,75 billion cubic meters – amending the quantities agreed in January 2009.
Ukraine has requested the reduction over the decline of its industrial activity as a result of the economic crisis.
Meanwhile, Ukrainian President Viktor Yushchenko stated that Ukraine needed to increase its transit fees for Russian natural gas to the European level, comparable, for example, to the fees of Slovakia, which would bring Naftogaz additional USD 2,5 B. Yushchenko has said the transit fees must go up from the current USD 1,7 per 1 000 cubic meters to USD 4,5-5,5 per 1 000 cubic meters.
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The US Senate has overwhelmingly approved a substantial aid package totaling 95 billion USD, aimed at supporting key American allies, including Ukraine, Israel, and Taiwan.
As Russia prepares to mark Victory Day, commemorating the Soviet Union's triumph in World War II, festivities are set to be scaled back for the second consecutive year due to security threats linked to the war in Ukraine and recent acts of terrorism
Reports emerged last night of renewed Russian missile fire targeting the eastern Ukrainian city of Kharkiv, intensifying fears of escalating conflict in the region
Defense Minister Sergei Shoigu announced today that Russia will escalate strikes on Ukrainian storage bases housing weapons supplied by Western nations
In a move aimed at bolstering its military forces amid the ongoing war with Russia, Ukraine has announced the suspension of consular services for its male citizens eligible for military service and residing abroad
The Ukrainian city of Odesa has once again come under attack by Russian drones, leaving a devastating toll on civilians
The Nuclear Regulatory Agency (NRA) has greenlit the phased transition to a new type of nuclear fuel for Unit 5 of Kozloduy Nuclear Power Plant (NPP), manufactured by Westinghouse
In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May
The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
Oil prices have surged due to renewed concerns about the Middle East conflict. Brent crude futures increased by 0.32% to 90.80 USD per barrel, while American WTI crude rose by 0.3% to 86.50 USD per barrel
Bulgaria's state-owned energy company, "Bulgargaz," has suffered a significant setback, losing 27% of its market share as a result of a contract with the Turkish company "Botas"
A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
