Daniel Mitov Ready for Foreign Minister Role Amid Geopolitical Test in Bulgaria
Daniel Mitov, Deputy Chairman of GERB, has expressed his readiness to assume the position of Acting Foreign Minister
Bulgarian Economy Minister Dragomir Stoynev has said his government was being held responsible for actions of previous governments regarding the South Stream project.
He hinted it was up to his predecessors, both in the center-right GERB cabinet and that of the so-called "three-way coalition" (BSP-DPS-NDSV), to oversee whether the Public Procurement Act was being complied with when dealing with issues around the pipeline.
The Minister confirmed, albeit reluctantly, Bulgaria's new position that construction activities on the pipeline should be stopped, as he said the government had "an obligation" to allay the EU Commission's doubts and concerns regarding the project.
Stoynev reminded that the deadline for Bulgaria's official reaction and response to an infringement procedure triggered by the EU Commission was July 4.
Prime Minister Plamen Oresharski announced Sunday Sofia was to freeze South Stream until the proceedings were under way and divided opinions within the ruling Bulgarian Socialist Party (BSP).
On Friday he said in Parliament he had asked Stoynev to halt the construction of the pipeline.
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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
Natural gas prices in Europe experienced a significant spike, surpassing 2% to reach 29 euros per megawatt-hour (MWh) on Monday
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Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022