Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

There is no breach of Bulgaria’s interest in the gas deal with the Turkish company Botas, energy minister says

Energy Ministrer Rumen Radev
Photo: BTA

Price formation under the agreement between the Bulgarian Bulgargaz and the Turkish state-owned oil and gas company Botas is not detrimental to the Bulgarian state or to the Bulgarian public provider, Energy Minister Rumen Radev said during a hearing in parliament, in answer to a question about the agreement between the two companies signed, on the Bulgarian side by the previous caretaker cabinet, on 3 January, 2023.

In his words, Bulgargaz has clear control of the origin of the natural gas via the certificates it receives directly from the gas trader, not from Botas, but the agreement is in effect until 2035, and the conditions for its termination are severe. There are quite a few binding commitments under the agreement between Bulgargaz and Botas, but there is also a certain amount of freedom which we are hoping will allow Bulgaria to negotiate better conditions during the current negotiations with the Turkish company, Minister Radev said. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Weather forecast: Sun and showers on Sunday

On Sunday the weather will be predominantly sunny. Cumulus rain clouds will form in the afternoon and in some parts there will be rain and hail. Minimum temperatures 7-12° C., for Sofia around 7° C.  Daytime highs will reach 18-23° C., for Sofia..

published on 5/11/24 6:00 PM

Doctors call for banning unvaccinated children from school

Doctors have renewed the call for children without the compulsory vaccinations to not be allowed in school, or to be part of organized groups of children. Temporary anti-epidemic measures introduced over the spread of whooping cough In an..

published on 5/11/24 2:21 PM
Iliana Iotova addressing the science forum in Athens

Vice President Iotova opens science forum The Way of Light in Athens

The international science form “The Way of Light” opened in Athens on 11 May, the day on which the Orthodox church honours Saints Cyril and Methodius. The event was opened by and is taking place under the patronage of Bulgaria’s Vice President..

published on 5/11/24 1:09 PM