Representatives of the Turkish energy company BOTAŞ are coming to Bulgaria for negotiations with Bulgargaz regarding Bulgaria's request to review the agreement between the two companies. This was one of the topics discussed by Bulgaria’s Minister of Energy Vladimir Malinov and his Turkish counterpart Alparlslan Bayraktar at a meeting in Istanbul a week ago.
On April 19, 2024, Bulgaria’s National Assembly tasked the Minister of Energy with taking the necessary steps to renegotiate the agreement between Bulgargaz and BOTAŞ for reserving access to Turkish LNG terminals. The agreement obliges Bulgaria to pay over 4 billion Leva (more than EUR 2 billion), even if no gas is imported from Turkiye. In its current form, the contract could lead to the bankruptcy of Bulgargaz. However, according to BOTAŞ, the proposed changes to the contract would "disrupt the basic dynamics of the agreement and would make its implementation impossible''. The agreement was signed in early 2023 by the caretaker cabinet headed by Prime Minister Galab Donev.
Bulgaria’s President Rumen Radev met in Tokyo with Japan’s Prime Minister Shigeru Ishiba as part of his visit to Japan. Rumen Radev and Shigeru Ishiba signed a joint declaration on elevating bilateral relations between Bulgaria and Japan to the level..
Only 2 kilometers remain to be built on the Bulgarian side of the railway corridor known as Corridor No. 8, which is intended to connect the Adriatic Sea with the Black Sea through Albania, North Macedonia and Bulgaria, Permanent Secretary of the..
Speaking at the national discussion Access to the labour market in Bulgaria for third-country nationals: challenges and solutions , Deputy Prime Minister Grozdan Karadzhov said that labour shortage is one of the biggest problems the government faces ...
Bulgaria’s President Rumen Radev met in Tokyo with Japan’s Prime Minister Shigeru Ishiba as part of his visit to Japan. Rumen Radev and Shigeru Ishiba..
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Only 2 kilometers remain to be built on the Bulgarian side of the railway corridor known as Corridor No. 8, which is intended to connect the Adriatic..
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