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Are East Mediterranean Gas Resources the Solution to Europe's Energy Crisis?

The Russian invasion of Ukraine more than 6 months ago has caused a dramatic spike in natural gas prices and caused repeated energy shocks in Europe. The EU has accused Moscow of using energy as a weapon, while Russia denies this and blames western sanctions for the drop in exports.

Price of Natural Gas in Europe reached 341 Euros per megawatt hour

The price of natural gas on the Dutch exchange TTF reached 341 euros per megawatt hour yesterday, and electricity supply contracts in Germany and France broke all records. Against this background, the Czech Presidency of the European Union announced that it is preparing an extraordinary meeting of energy ministers.

Petkov and Vassilev: One of Us will be Prime Minister of Bulgaria after the Elections

If "We Continue the Change" gets a chance to form a government after the elections on October 2, either Asen Vassilev or Kiril Petkov will be nominated as prime minister.

This was announced by the two in a joint interview with BNT. "We will decide together after the elections," said Kiril Petkov.

Ex-PM Borissov Accused Petkov and Vassilev of Sabotaging the Import of American Gas to Bulgaria

The leader of GERB and ex-Prime Minister, Boyko Borissov, accused former PM Kiril Petkov and former deputy PM Asen Vassilev of deliberate actions and sabotaging the supplies of American liquefied gas in Bulgaria.

According to Borissov, Petkov's office did not sign the contract and did not reserve a delivery point for unloading the tankers.

Ukraine has offered its Gas Pipelines to Europe if Nord Stream 1 is Halted

Ukraine has offered to provide its gas transmission network for the delivery of Russian gas to Europe after Nord Stream 1 has been failing so much lately and constantly having to shut down the gas on it.

"Gazprom" announced that it will stop the gas on this pipeline again for a technical inspection from August 31 to September 2.

Bulgarian Minister: Negotiations with Gazprom may be Unpleasant and Immoral but They will Continue

"Perhaps the negotiations with Gazprom are immoral and unpleasant, most likely Russia is not a reliable long-term partner, but we will continue our trade relations".

This was stated to BNT by the Deputy Prime Minister for the management of European funds, Atanas Pekanov.

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