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.
President Rumen Radev was received by Emperor Naruhito of Japan . The meeting in Tokyo lasted half an hour, as per protocol. During his visit, the Bulgarian president delivered a lecture on bilateral relations between Bulgaria and Japan at Waseda..
The Motto "GOD, PROTECT BULGARIA" to Appear on Bulgarian 2-Euro Coin When Bulgaria joins the eurozone and begins issuing euro coins with national elements, the 2-euro coin will feature St. Paisius of Hilendar. Inscribed along the edge of the coin in..
Bulgarian President Rumen Radev congratulated future Romanian President Nicusor Dan , who won the second round of the presidential election with over 53% of the votes. "I look forward to working together to further strengthen good-neighborly..
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..
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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