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The news comes as Greek PM Alexis Tsipras (pictured) is set to visit Russia's capital Moscow on Friday. Photo by EPA/BGNES
Greek Energy Minister Panagiotis Lafazanis has said that the political part of an agreement between Moscow and Athens over an extension to the so-called "Turkish Stream" pipeline is now ready to sign.
"We intend on developing our good ties, and we have the opportunity... to sign a political agreement [between] Russia and Greece on the maintenance of a gas pipeline with Russian gas on Greek territory," Russian agency RIA quotes Lafazanis as saying.
Greece's Prime Minister Alexis Tsipras, who has recently been under huge pressure fromt the European Union (EU) and the International Monetary Fund (IMF) to back down on some policies to avoid default and euro exit, is to visit Russia and to meet Russian President Vladimir Putin on Friday.
This coincides with the St Petersburg International Economic Forum (SPIEF) due on June 18-20 which will reportedly be also visited by two Bulgarian ministers.
Reports of English-language Kathimerini also suggest Putin might invite Tsipras to join the new development bank set up by BRICS countries as an alternative to the World Bank and the International Monetary Fund (IMF).
Tsipras' meeting with the Russian president will be the second in just over two months as the latter is facing growing isolation over what the West describes as Russian "aggression" in Ukraine.
Reports from the border between Greece and Bulgaria show a growing trend of Greek citizens traveling to Bulgaria to take advantage of lower gasoline prices, with differences reaching up to 50 cents per liter.
On March 16, 2026, Ukraine marked twelve years since Russia staged a sham referendum in Crimea, a move widely condemned as illegal by the international community.
OMV Petrom has announced that it will join the consortium exploring the offshore Khan Tervel gas block in the Bulgarian sector of the Black Sea, marking a significant expansion of its footprint in a region of growing strategic importance for Europe’s ener
The United States has temporarily eased restrictions on the purchase of certain Russian oil shipments currently stranded at sea, as global energy markets face growing strain due to the ongoing war involving Iran.
Bulgaria and Greece see significant potential to deepen cooperation in defense innovation, according to Bulgarian Defense Minister Atanas Zapryanov, following talks with his Greek counterpart Nikos Dendias in Sofia
Acting Defense Minister Atanas Zapryanov announced that the Patriot air defense system provided by Greece is already on duty and that Bulgaria currently has full air defense coverage
Rumen Spetsov, the special manager of Lukoil in Bulgaria, has assured that fuel supplies in the country are secure and that there is no reason to expect shortages in the foreseeable future.
A significant share of Bulgaria’s energy supplies does not pass through the Strait of Hormuz but instead reaches the country via the Black Sea, placing it in a comparatively stable position despite tensions in the Middle East
Fuel prices at wholesale bases, which supply both gas stations and agricultural producers, continue to rise steadily, prompting increased activity at fuel outlets across Bulgaria
OMV Petrom has announced that it will join the consortium exploring the offshore Khan Tervel gas block in the Bulgarian sector of the Black Sea, marking a significant expansion of its footprint in a region of growing strategic importance for Europe’s ener
Fuel prices in Bulgaria have continued to rise sharply over the past week, according to data from the Fuelo platform, as reported by BTA.
In Bulgaria, energy experts are calling for greater transparency in fuel pricing, focusing on the role of Lukoil Neftochim, which dominates the country’s oil market
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