Bulgartransgaz may issue bonds or take out a bank loan in the first six months of the year to finance the construction of the transit 484 kilometer new gas pipeline. The project is estimated at 1.2 billion euro. There is a third financing option – through leasing which Bulgartransgaz will pay off from transit fees.
“We have never regarded this pipeline as a Bulgarian section of TurkStream because it is an extension of our gas transmission system,” said the company’s Executive Director Vladimir Malinov.
The National Assembly has established a National Decarbonization Fund after adopting amendments to the Energy Efficiency Act. The new structure will support households for energy efficiency measures. It is being established after..
Bulgaria has sufficient reserves of gasoline, diesel and aviation fuel, Energy Minister Zhecho Stankov said in the National Assembly, BNR reporter Violeta Ashikova informed. According to Stankov, four companies will be affected by..
“The excuses of the ruling coalition that they are waiting for the promulgation of the amendments to the Act on the Administrative Regulation of Economic Activities Related to Oil and Petroleum Products they themselves voted, in order to protect..
On Saturday, the lowest temperatures will be between 0 and 5°C; in Sofia - it will be around 0°C. During the day it will be mostly..
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..
Great Britain has issued a special license on Friday that allows businesses to continue to work with two Bulgarian subsidiaries of sanctioned Russian oil..
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