Turkish Stream project will be delayed by six months and according to Bulgaria’s promise, will be completed at the end of 2020, the Russian energy giant Gazprom writes in a memorandum for new euro-bond issue. The construction of the gas pipeline had to be completed in the first half of 2020, Interfax reminds.
According to the agency, Bulgaria which has not completed its section of the gas pipeline (Balkan Stream) due to the Covid-19 pandemic is the reason for the delay. This country has to build a 474 kilometer-long pipeline from the border with Turkey to the Bulgaria-Serbia border. The project is estimated at EUR 1.1 billion without VAT. Meanwhile, Bulgaria is alreay receiving gas for own consumption from Turkish Stream, Interfax claims.
Increasing energy connectivity between countries in the region of Southeast Europe will reduce electricity prices, increase competitiveness and security of supply . This was stated by Energy Minister Zhecho Stankov at the Energy Summit, organized by the..
The common will and economic potential of the two countries are important prerequisites for the upward development of bilateral relations, said President Rumen Radev at a meeting with the Ambassador of Vietnam Do Hoang Long . The meeting was also..
The prospects for developing the significant potential of tourism in Bulgaria were discussed at a meeting between the Bulgarian Head of State Rumen Radev and the Secretary-General of the UN World Tourism Organization Zurab Pololikashvili. The..
Hristo Stoichkov has been appointed the Sports Tourism Ambassador for the World Tourism Organization (UN Tourism). This became clear at an official..
The effects of the protests against supermarkets are being felt, Agriculture Minister Georgi Tahov said in Plovdiv, where he was attending a national..
In 2022, 14.7% of workers in the EU were low-wage earners . By definition, low-wage earners are those who earn two-thirds or less of the average gross..
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