Bulgaria: Bulgargaz Seeks Nearly 4% Gas Price Hike for February
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.
www.pixabay.com
Jordan's parliament passed a bill yesterday to ban gas imports from Israel, just days after they started under a multibillion-dollar deal struck in 2016 that is opposed by much of the population, Reuters reported.
The document was approved by the 130-member lower house of the Jordanian Parliament and will be submitted to the government for final approval. However, it may not enter into force because of legal obstacles.
The government said earlier that the contract, which faces widespread resistance in Jordan, is a business deal, not a political issue.
The $ 10 billion contract was initially concluded between a Jordanian state-owned utility company and a US-Israeli consortium led by Texas-based Noble Energy to provide gas for power generation from Jordanian power plants. However, the contract was not submitted to parliament for approval.
The Jordanian government said after the deal was signed in 2016 that securing stable energy prices for the next decade could achieve annual savings of at least $500m and help reduce a chronic budget deficit, AL Jazeera reported.
The deal is being criticized as Jordanian lawmakers make the kingdom's energy dependent on Israel. "The gas of the enemy is an occupation. Down with the gas deal," placards carried by protesters said, Al Jazeera reported.
European Commission President Ursula von der Leyen has sharply criticized US President Donald Trump’s threat to impose new tariffs on European countries opposing his plan to take control of Greenland
Moldova is moving forward with its formal exit from the Russian-led Commonwealth of Independent States (CIS), Foreign Minister Mihai Popsoi said on January 19 in an interview with Radio Moldova.
US President Donald Trump has once again underlined that Greenland is a strategic priority for the United States, describing the territory as essential to both American and global security.
The Eurogroup has formally congratulated Bulgaria on the way it has managed the transition to the euro, describing the process as smooth and well executed
After prolonged negotiations triggered by US sanctions, the Russian-controlled stake in Serbia’s oil company NIS has been transferred, Serbian daily Politika reported. The move follows months of uncertainty surrounding the company’s ownership and operatio
The Syrian government has reached a ceasefire agreement with the Kurdish-led Syrian Democratic Forces (SDF) following several days of intense clashes in northeastern Syria.
Bulgaria's Strategic Role in the EU's Drone Wall Defense Initiative
When Politics Means Violence