Next year we will be able to tell the Bulgarian citizens: we have already reached gas independence and can import gas from various suppliers. Practically, this is real diversification, Bulgaria’s Premier Boyko Borissov announced during the inspection of the construction of the gas interconnector with Greece. This country’s Minister of Energy Temenuzhka Petkova, the Chairman of the Energy and Water Regulatory Commission Ivan Ivanov, the Ambassador of the USA to Sofia Herro Mustafa, the Ambassador of Greece to Bulgaria Dimitris Chronopoulos and the Ambassador of Azerbaijan to Sofia Nargiz Gurbanova also attended the inspection of the IGB project. The total length of the gas pipeline will be 182 kilometers and the interconnector will have the capacity to transfer up to 3 billion cubic meters of gas per year. Later, its capacity can be extended to 5 billion cubic meters per year. Thanks to this project, Bulgaria and its neighbors will have access to alternative gas supplies from the Caspian region, as well as from existing and future LNG terminals.
Bulgarian intermediaries have been identified as some of the links in an investigation into an international scheme for laundering Russian money. BGNES cites data from Intelligence Online according to which two Bulgarian brokerage companies..
From today until December 21, Sofia’s City Garden is hosting the traditional German Christmas Market. The 15th edition of the market features food stalls, fragrant mulled wine, and cultural events, including concerts by young performers and..
Illegal recruitment agencies in Uzbekistan are sending workers to Bulgaria with promises of salaries of 5,000 leva (€2,560) . The reality often discourages them from staying, leaving employers at a loss. Officials, employer organisations and businesses..
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..
On Tuesday, overnight lows will range from 7°C to 12°C, rising to 12–16°C in eastern Bulgaria and around 9°C in Sofia. It will be a cloudy day with rain,..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
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