New Russian Gains Reported on Ukraine's Eastern Front
Russian forces have recorded new advances in parts of Donetsk and Kharkiv oblasts
Bulgaria's President Rosen Plevneliev. Photo by BGNES
Bulgaria's government must give citizens and other institutions more detailed information regarding the South Stream gas pipeline project Bulgaria participates in, according to President Rosen Plevneliev.
Speaking in Bansko Saturday, Plevneliev reiterated his support for South Stream, but said that the cabinet led by PM Boyko Borisov needs to be more transparent on the project.
"I think that the government must use the coming days to give the full details - facts, numbers, data - so that we can reach a better transparency on the contract Bulgaria is to sign with Russia," said the President.
Russia and Bulgaria are set to push the natural gas pipeline project one step further next week, by signing a finalizing agreement before kick off.
"Even I personally at this stage do not possess adequate information about what is to be signed." added Plevneliev.
He stressed that all Bulgarian citizens and businesses need to know what the costs and benefits from South Stream are going to be for them.
A new contract tied to the future construction of Kozloduy NPP’s seventh and eighth units was signed at the Council of Ministers between Kozloduy NPP–New Power Plants and the LEP-BWXT-CNPSA consortium
The Energy and Water Regulatory Commission has set the price of natural gas for December at 63.01 BGN per MWh, equivalent to 32.22 EUR per MWh
The Municipality of Gotse Delchev has approved one of the largest infrastructure projects in the region, granting unanimous consent to a cooperation agreement with the Swiss company
Turkey’s state-run energy company Botas reported a record loss of USD 1 billion (around 1.85 billion BGN) in 2024
Dimitar Georgiev, a Bulgarian financier and international markets analyst, stated that he does not anticipate any further increase in fuel prices in the country
Vladislav Panev, from the “Acceleration” Club and a former MP with the “Green Movement,” described the appointment of Rumen Spetsov as a special manager of Lukoil Bulgaria as surprising
Bulgaria's Strategic Role in the EU's Drone Wall Defense Initiative
When Politics Means Violence