Text size

EU finds no competition violation in Botas deal

published on 12/21/24 4:04 PM

Photo: BNR-archive

The European Commission's Directorate-General for Competition has notified Bulgargaz and Bulgartransgaz that the case on the agreements concluded between the Bulgarian companies and the Turkish energy company Botas has been closed and no competition violations have been found.

In October 2023, the EU opened a case to investigate whether EU competition rules were violated by the deal concluded at the end of 2022 for the supply of liquefied natural gas from terminals in Turkey and the reservation of capacity at interconnection points between Bulgaria and Turkey.

The commercial parameters in the contracts were not checked, Brussels said. The temporary parliamentary committee in Bulgaria, which was established at the end of 2023 to verify the facts of the contract, found losses of $500,000 per day for the Bulgarian side from the Botas deal.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News Botas Bulgargaz

More from category

"Bulgarica" to present the magic of Bulgarian dances in Illinois

Dance troupe "Bulgarica" from Illinois, USA, will present the diversity and magic of Bulgarian folk dances at the Wheeling International Festival 2025 - an event that brings together cultures from all over the world. The festival..

published on 7/4/25 3:45 PM

The third vote of no confidence fails with 54 votes "for"

The third vote of no confidence against the cabinet of Rosen Zhelyazkov has also proved unsuccessful. 130 of the MPs present from GERB - SDS, BSP - United Left, ITN and "DPS - New Beginning" voted against the proposal. 54 MPs from..

published on 7/4/25 2:12 PM

Diplomats in Sofia meet repressed Ljupco Georgievski from Bitola

Foreign Minister Georg Georgiev has met with ambassadors and diplomats from EU Member States, the US, Canada, the UK and Switzerland in Bulgaria. The diplomats were briefed in detail on the increasing trends of institutional..

published on 7/4/25 1:22 PM