Bulgaria is doing its best to remain a key factor in the construction of the Balkan gas distribution center and the fulfillment of the Turkish stream gas project, Deputy Chairman of the Committee on Economic Policy, Energy and Tourism in the National Assembly of Bulgaria Valentin Nikolov said. In his view, the European Commission must be very well informed about Bulgaria’s intentions and plans, in order to give a green light for that project. It is a good sign that Minister Petkova signed in Saint Petersburg a road map with Gazprom on studying the gas transmission network in Bulgaria. The future Balkan gas hub is expected to receive gas from Russia, Iran, Azerbaijan, the Caspian region, as well as from the Bulgarian and the Romanian section of the Black Sea.
The Bulgarian Ministry of Defense is requesting a postponement of one of the large payments under the contract for the second F-16 to 2028. Defense Minister Atanas Zapryanov said that this is necessary because Bulgaria will encounter difficulties in..
Great Britain has issued a special license on Friday that allows businesses to continue to work with two Bulgarian subsidiaries of sanctioned Russian oil company Lukoil, Reuters and BNR Horizont reported. The general license allows companies and banks to..
The leader of "We Continue the Change", Asen Vassilev, described the selection of Rumen Spetsov as a special manager at Lukoil as a "bad joke". "Rumen Spetsov was appointed to collect taxes, not to manage a refinery. There is a..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
Bulgaria has no additional conditions from the United States for the exception of the sanctions imposed on Lukoil to enter into force, Minister of..
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