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Bulgaria, which aims to reduce its almost total dependence on Russian gas supplies, will soon publish details of a licensing round to open the Silistar and Teres oil and gas blocks in the Black Sea, a senior government official has said.
In an interview with Reuters, Bulgaria's Deputy Energy Minister Zhecho Stankov said on Wednesday that diversification from Russia and making Bulgaria an energy hub are priority tasks for the southeast European country.
Speaking on the sidelines of a meeting of EU energy and environment ministers in Latvia’s capital Riga, Stankov told Reuters: "We want to change to south to north," adding the status quo was from the Russian north to the south.
"We want (pipelines) TAP, TANAP and a vertical corridor."
You can read the full Reuters article “Bulgaria seeks to redraw EU pipeline map away from Russia” here.
Bulgaria’s labor market remained stable in October, with the Employment Agency reporting a registered unemployment rate of 5.15 percent
Northwestern Bulgaria continues to hold the grim distinction of being the deadliest region in the European Union when it comes to road fatalities
A recent survey by bTV examined fuel prices in Bulgaria compared to several neighboring Balkan countries
Finance Minister Temenuzhka Petkova outlined the reasons behind the projected rise in Bulgaria’s debt for next year, which is set to reach 10.5 billion euros
Polish authorities are investigating what they describe as one of the most serious sabotage incidents on the country’s railway network in recent years
A significant weather advisory is in effect for Wednesday, November 19th, as overcast conditions and widespread rainfall are forecast across Bulgaria
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 Energy Minister Zhecho Stankov has confirmed that the United States has not imposed any additional conditions for the temporary exemption from sanctions targeting Lukoil
The United States has granted Bulgaria a significant exemption from its sanctions on Lukoil
Britain has introduced a temporary exemption that permits continued business with two Bulgarian subsidiaries of the sanctioned Russian oil group Lukoil
Lukoil has announced that all of its gas stations across Bulgaria are operating as usual and will continue to do so without interruption
Martin Vladimirov, director of the Geoeconomics Program at the Center for the Study of Democracy, said in an interview with the Bulgarian National Radio that the most beneficial outcome for Bulgaria would be for a strategic Western investor to acquire Luk
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