Bulgaria Tops Europe in Black Caviar Exports
Bulgaria has emerged as Europe’s top exporter of black caviar, according to Assoc. Prof. Violin Raykov from the Institute of Oceanology at the Bulgarian
A closed-door meeting was held between Bulgarian Prime Minister Boyko Borisov and Iran's Ambassador Abdollah Norouzi in the Bulgarian capital Sofia, an Iranian news outlet has claimed.
Borisov was accompanied by Bulgarian Deputy PM in Charge of Absorption of EU Funds and Economic Policy Tomislav Donchev, Foreign Minister Daniel Mitov and Energy Minister Temenuzhka Petkova, according to Merh News Agency.
According to the report, Iran's Ambassador outlined a proposal involving a new Iranian-Bulgarian cooperation scheme including a gas hub which would boost energy imports to both Bulgaria and the rest of Europe.
This comes as some European state leaders and companies have sought to revive the Nabucco gas pipeline designed to carry gas to Europe, a project brought to a standstill a few years ago for various reasons. Iran is now seeking to put forward again its offer to become a major supplier for Nabucco, which has been systematically rejected by Europe amid the West's dispute with Tehran over its controversial nuclear program.
With a landmark agreement between the 5+1 powers and Iran earlier in 2014, however, the Islamic Republic has been seeking to put some of its business projects back on the international agenda.
Earlier this year, during a visit to Sofia, Azerbaijan's President Ilham Aliyev said in a press conference with Bulgaria's PM Borisov that the two would try to unblock Nabucco, though no substantial action followed.
Bulgaria has officially secured a 10 per cent stake in a consortium engaged in oil and gas exploration in the Black Sea, becoming a direct investor in the development of the country’s offshore energy resources.
Bulgargaz has submitted a proposal to the Energy and Water Regulatory Commission (EWRC) for a nearly 4 percent increase in natural gas prices starting February.
Energy Minister Zhecho Stankov has firmly rejected claims by former Finance Minister Asen Vassilev from "We Continue the Change" that Bulgaria’s inflation is driven by high household electricity prices
The U.S. Department of State, the University of National and World Economy (UNWE), and Bulgarian Energy Holding (BEH) yesterday concluded two seminars on stakeholder engagement and industrial applications of small modular reactors (SMRs)
Washington has prolonged the validity of a US license allowing negotiations for the sale of foreign assets owned by the Russian oil major Lukoil, extending it until February 28
Bulgaria is set to take an active role in oil and gas exploration in the Black Sea, joining forces with international energy companies OMV and NewMed, outgoing Energy Minister Zhecho Stankov announced
Bulgaria's Strategic Role in the EU's Drone Wall Defense Initiative
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