Rosen Hristov

Romania and Bulgaria plan to build two hydropower plants on the Danube to be used jointly on the model of the Iron Gates hydropower plants operated jointly by Romania and Serbia, according to a document published on Tuesday by the Bulgarian government.

"Bulgargaz could be sued by Russian energy giant Gazprom in an arbitration case, risking paying hundreds of millions of dollars." This was stated by the Acting Energy Minister Rosen Hristov during the parliamentary control.

"For the first time in years, we were able to negotiate with Turkey such large-scale cooperation in the gas sphere." This was announced to BTV by Acting Energy Minister Rosen Hristov on the occasion of the agreement signed yesterday with Ankara for access to the network of our southern neighbor.

Bulgaria on Jan. 3 gained access to Türkiye's terminals and gas transmission network under a long-term deal that will help the country replace supplies once provided by Russia.

Bulgaria's state gas company Bulgargaz and the Turkish gas transmission company Botas signed a 13-year deal that grants the Balkan neighbor access to Türkiye's terminals for liquefied natural gas.

Bulgaria on Tuesday gained access to Turkey's terminals and gas transmission network under a long-term deal that will help the country replace supplies once provided by Russia.

Bulgaria's state gas company Bulgargaz and the Turkish gas transmission company Botas signed a 13-year deal that grants the Balkan neighbor access to Turkey's terminals for liquefied natural gas.

Bulgargaz will have access to Turkey's terminals and gas transmission network. Up to 1.5 billion cubic meters of natural gas can be transferred annually to Bulgaria from Turkey. This became clear after Bulgargaz and the Turkish gas transmission company Botas signed a 13-year cooperation agreement.

The Minister of Energy, Rosen Hristov, predicts that the price of gas in November may fall below BGN 166, and its value may be maintained in December.

The authorities will temporarily close Maritsa 3 TPP due to a series of violations of environmental norms. The last excesses of the permitted levels of sulfur dioxide were registered days ago.

All necessary quantities of natural gas for the operation of "Toplofikatsia Sofia" (Heating Systems Sofia) will be provided. A contract has already been signed between the district heating company and Bulgargaz.

This became clear after a meeting between the Acting Minister of Energy Rosen Hristov and the Chairman of the Sofia Municipal Council Georgi Georgiev.

The caretaker government will open tenders for the supply of natural gas in the medium and long term as soon as possible. However, the decision to sign treaties will be left to the next regular government. This was announced by President Rumen Radev at a meeting with representatives of the management of the companies Gastrade and Copelouzos Group.