The Bulgarian government has decided to reserve deliveries of natural gas that Bulgargaz would buy through the LNG terminal in Alexandroupolis, Greece for the next ten years. Bulgartransgaz has become a shareholder in Gaztrade, which is building the new LNG terminal at Alexandroupolis.
Bulgaria's participation in the project is in pursuance of the policy of diversification of sources and routes for the supply of natural gas, in order to guarantee energy security and to achieve competitive prices for Bulgarian consumers, the decision states. More than 500 million cubic meters of gas will be purchased each year from Alexandroupolis, or about 1/6 of the country's annual consumption.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
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