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Vladimir Malinov

Two years later Bulgargaz to sue Gazprom for the suspended delivery of Russian gas

More than two years ago, Russia’s Gazprom Export suspended gas deliveries under the contract with Bulgaria’s Bulgargaz. Russia suspends natural gas supplies to Bulgaria After a two year’s delay, the new management of the state company..

16.05.24 13:46 |

MPs lift derogation for Russian oil

The National Assembly has voted in first reading to end prematurely the exemption for the import of Russian oil approved by the European Commission. The adopted amendments will ban the import of fuels produced from Russian crude oil from 1 March 2024..

18.12.23 14:10 |

Commission: It's up to Bulgaria how to use revenues from Russian gas transit fees

"The fees charged by Bulgaria for the transit of Russian gas to Serbia, Hungary and North Macedonia are a national measure, and therefore it is up to Bulgaria to decide where to allocate the revenues. This is what European Commission spokesman Tim..

30.10.23 15:34 |

Assen Vassilev: Rumen Radev's action in defence of Gazprom is a disgrace for the presidential institution

President Rumen Radev has referred to the Constitutional Court the decision by Sofia to impose a gas transit fee, but this will not stop the implementation of the law and I am waiting for the first revenues on November 14, said Finance Minister Assen..

26.10.23 16:08 |
Korneliya Ninova

Introducing a transit fee on Russian gas for Hungary and Serbia eradicates our hopes of entering Schengen, BSP leader says

Next week, GERB will submit to parliament a bill on revoking the derogation for the Lukoil refinery in Burgas for using Russian oil, said Desislava Atanasova, chair of GERB’s parliamentary group at an election campaign meeting in Ruse.  “We..

21.10.23 10:39 |

The transit fee for Russian natural gas is competitively justified, PM Denkov says

Bulgaria has the right to impose a tax on the import and transit of Russian gas , Prime Minister Nikolai Denkov said in Tirana. The Bulgarian parliament has introduced a fee of 10 euros per megawatt hour, or roughly per 100 cubic..

17.10.23 08:50 |
Rosen Hristov

Bulgaria is in favour of a ceiling on the prices of all gas imports into the EU

Bulgaria's Minister of Energy, Rosen Hristov, stated that measures to protect the Turkish Stream pipeline will be discussed in Bulgaria after the Nord Stream 1 and 2 explosions. After the EU Council meeting in Brussels, Rosen Hristov stated that..

30.09.22 17:01 |
Nikola Stoyanov

The Bulgarian government expects inflation to be tamed

According to the latest data, inflation is about 19% on an annual basis, Bulgaria's caretaker Minister of Economy Nikola Stoyanov announced to Nova TV. He does not expect a bigger increase in inflation until the end of the year. He believes that after..

19.09.22 14:11 |

Gas supply tensions in Bulgaria continue

The former coalition partners of the last regular government - "Democratic Bulgaria" accused the caretaker government of making the country dependent on the Kremlin for gas . In a statement to the media, the formation insists that the interim government..

20.08.22 17:58 |

Bulgargaz had to buy Russian gas through intermediaries

Bulgargaz  had to buy Russian gas through intermediaries at higher prices because of the termination of gas supplies by Gazprom, Ivan Topchiysky, Chairman of the Board of Directors of Bulgargaz said for the BNT. In his words, gas traders are not..

04.08.22 10:55 |
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