In Sofia, Bulgarian state-owned gas company Bulgargaz signed an agreement with the Turkish state-owned energy company Botas for access to five LNG terminals and the gas transmission network of Turkey. Up to 1.5 billion cubic meters..
On January 3, President Rumen Radev meets Turkish Minister of Energy, Fatih Dönmez in Sofia. The visit of the Turkish minister is a continuation of the agreements for the development of bilateral relations in the sphere of energy,..
An agreement will be signed today between "Kozloduy NPP" and the French company "Framatome" for the supply of fresh nuclear fuel for Unit 6 of the Bulgarian nuclear power plant. This happens after a contract was signed with..
President Rumen Radev should convene the National Security Advisory Council due to the requirement in the Recovery and Resilience Plan by 2026 to reduce carbon emissions by 40% compared to 2019 . Delyan Dobrev, chairman of the parliamentary energy..
The G-7 is considering the possibility of imposing a price cap on Russian crude oil, transported by sea, in the range of 65-70 US dollars per barrel , BTA reported. The topic was also discussed with the representatives of the 27 EU..
The majority in the Bulgarian Parliament voted that household electricity consumers should remain on the regulated electricity market until December 31, 2025. This practically postpones their transition to the free energy market by 3 years. The proposal..
Bulgaria values highly the role of Algeria as a factor of stability in the region of North Africa and the Mediterranean and as a particularly important partner in ensuring reliable supplies of energy sources to Europe in crisis conditions. This..
The transition to climate neutrality must be well-planned. It must be smooth, socially and economically just, so that it can increase people's well-being, not decrease it. This is what President Rumen Radev told journalists in Egypt, where he..
The state cannot administratively lower fuel prices, but it can compensate end users, Minister of Economy Nikola Stoyanov has told Nova TV. The cabinet has proposed that the parliament should adopt a tax of 33% on the excess..
Bulgarian economy has been very stable since 2021, despite the crises , with very high growth in both exports and imports. In the last quarter of 2021, GDP grew by more than 10%. World Trade Organisation data for the first half of 2022 also show..
