More than two years ago, Russia’s Gazprom Export suspended gas deliveries under the contract with Bulgaria’s Bulgargaz.
After a two year’s delay, the new management of the state company Bulgargaz has decided to claim over EUR 400 million in damages incurred from the suspension of the gas deliveries by Galzprom, caretaker Energy Minister Vladimir Malinov has announced. Bulgargaz’ claim will first be sent to Gazprom Export, with a brief deadline for reaching agreement voluntarily. If no such agreement is reached, Bulgargaz will file a lawsuit at the International Chamber of Commerce’s Court of Arbitration in Paris. Minister Malinov explained that the deadline Bulgargaz will give Gazprom Export for reaching an agreement is extremely brief – no more than month – because there has been a delay of more than two years for arranging the matter.
The Bulgaria army will make up for the lack of personnel but not immediately. For 2025, we have money to hire only 1,000 new soldiers, said Defense Minister Atanas Zapryanov before the relevant parliamentary committee. The committee supported the..
Bulgaria remains a net exporter of electricity and one of the pillars of the energy system in Southeast Europe. Electricity exports exceed imports by 3.1% in 2024. According to this indicator, the country ranks 11th in Europe. Among the..
At a ceremony at the Vytautas Magnus University in the Lithuanian city of Kaunas , the rector of Sofia University “St. Kliment Ohridski”, Prof. Georgi Valchev, accepted the rotating presidency of the international university alliance..
The President of the “Renew Europe” group in the European Parliament, Valérie Hayer, called on the European Commission to urgently send a mission to..
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..
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on..
Overcast, rain
Rain