A project is being launched for extending the only gas storage facility in Bulgaria at Chiren in the region of Vratsa, Northwestern Bulgaria. The state-owned company Bulgartransgaz has assigned the project to a consortium that includes Glavbolgarstroy, in partnership with American companies. The facility is scheduled to be extended up to a capacity of 1 billion cubic metres of gas or double its current volume. The Russian equipment from the 1970s and 1980s will be fully replaced by US-made equipment. The project, in which around 600 million Leva (EUR 300 million) will be invested, is expected to be completed by the end of 2024.
At the moment Chiren is 80% full. The price of the gas there is high because the facility was filled during the months when gas prices had reached their highest point. That is why it is only used as a last resort.
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The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister Grozdan Karadzhov said during the national discussion “Tourism and Air Connectivity: Traditional..
Bulgaria’s National Assembly approved at second reading amendments to the Investment Promotion Act. Under the changes, the assets of the Russian company Lukoil in Bulgaria can be sold only after a decision by the Council of Ministers and following a..
The President of the “Renew Europe” group in the European Parliament, Valérie Hayer, called on the European Commission to urgently send a mission to..
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on..
On Thursday, minimum temperatures will range between 6 and 11°C across the country. Along the Black Sea coast, they will reach 13 to 16°C , while in Sofia..
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