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.
On Tuesday, minimum temperatures will range from 8 to 12°C. In Sofia, it will be around 8 °C. The day will be mostly sunny, with scattered clouds and a chance of light rain in the afternoon. The wind will blow from the west-northwest, reaching moderate..
Sofia Mayor Vasil Terziev accused GERB leader Boyko Borissov and Prime Minister Rosen Zhelyazkov of populism and reckless actions. Earlier today, the government announced it would allocate an additional 15 million leva (7.7 million euros) in subsidies..
A delegation led by Metropolitan Anthony and Professor Ivan Ivanov — a priest and theologian — represented the Bulgarian Patriarchate at the enthronement and inauguration of Pope Leo XIV on 18 and 19 May. They delivered an official..
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..
The normal movement of buses, trolleybuses and trams in Sofia is being restored as of today, after last night the unions announced an end to the 6-day..
Banking services in Bulgaria are among the most accessible in the EU, according to an analysis by the Association of Banks in Bulgaria . According to it,..
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