Energy Minister Zhecho Stankov attended the tenth edition of the Delphi Economic Forum in Greece. "Bulgaria is a reliable partner in the region's energy transformation and security," he said during his speech at the panel "Addressing Energy Regional Challenges".
The minister emphasised Bulgaria's established role in ensuring security and competitiveness in the region, particularly through gas interconnections with its neighbours. Stankov also highlighted the prospects of domestic energy production to maintain competitive prices for consumers.
In the coming days, the Bulgarian government will sign a contract with Shell to explore for oil and gas in the Khan Tervel block in the Black Sea. Just a few weeks ago, a new shareholder joined the exploration of the Khan Asparuh block. According to the minister, these developments are promising for Bulgaria's energy independence.
Stankov also pointed out that the priority project, the "Vertical Gas Corridor", is of vital importance not only for Bulgaria, but also for south-eastern and central Europe, including Moldova and Ukraine.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
Cloudy
Mostly Cloudy
Overcast, rain
Rain / Snow
Partly cloudy, chance of rain
Cloudy
Rain