Bulgarians Join Balkan Protest Against Soaring Food Prices
Bulgaria has joined Croatia, Bosnia and Herzegovina, and Montenegro in organizing protests against rising food prices
Our country is an integral part of the Southern Gas Corridor through the Greece-Bulgaria gas interconnector. The fourth gas corridor in Europe plays an important geostrategic role for the diversification of the gas supplies for Bulgaria and the region, this country’s Minister of Energy Temenuzhka Petkova said, reported by BNR.
At the meeting of the Southern Gas Corridor Advisory Council in Baku Minister Petkova pointed out that the Greece-Bulgaria interconnector is a key element in the construction of a vertical corridor for gas supplies to Romania and Hungary. Bulgaria will receive 1 billion cubic meters of Azeri gas per year from the Shah Deniz 2 gas field via the Bulgaria-Greece interconnector.
For the ninth consecutive year (excluding 2022), the electrical industry remains the largest contributor to Bulgaria's exports, as reported by the Bulgarian Association of Electrical Engineering and Electronics (BASEL)
European natural gas prices have climbed above €55 per megawatt-hour for the first time in 16 months, driven by colder temperatures across the continent that are increasing demand for heating fuel
Serbian oil and gas company NIS, controlled by Russia’s Gazprom, is considering exiting its operations in Bulgaria and Romania due to ongoing difficulties in both markets
The Russian company Lukoil initiated the process of selling its Bulgarian assets in June last year, Prime Minister Rosen Zhelyazkov announced during a parliamentary hearing
In 2023, 10.6% of the population in the European Union reported being unable to keep their homes adequately warm
The Bulgarian government has announced a program to compensate businesses and non-household electricity subscribers for high energy costs until the end of March
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