The US Treasury issues licenses to allow the sale of Lukoil's foreign assets and exempts Bulgaria's Burgas refinery from sanctions to safeguard partner energy security.
Minister of Petroleum and Mineral Resources Tarek El Molla and Bulgarian officials have finalized a memorandum of understanding (MoU) for cooperation between Egypt and Bulgaria in the field of natural gas.
Minister of Petroleum and Mineral Resources Tarek El Molla met with Bulgarian Minister of Energy Rossen Hristov in the presence of the Bulgarian Ambassador in Cairo Deyan Katrachev and the accompanying delegation, ...
In an effort to reduce southeast Europe's dependence on Russian gas and boost energy security, Greece and Bulgaria started commercial operation of a long-delayed gas pipeline, Reuters reported.
Bulgaria's interim energy minister declared that talks between the Balkan nation and Russia's Gazprom to resume gas deliveries that were suspended in April after the government pledged to secure sufficient supplie ...
Minister of Petroleum and Mineral Resources, Tarek El Molla, met in Davos with Kiril Petkov, Prime Minister of Bulgaria, on the sidelines of their participation in the World Economic Forum.
In response to sanctions imposed by the West for the invasion of Ukraine, Russia's Gazprom halted gas supplies to Poland and Bulgaria after they failed to pay in roubles, Reuters reported.
Katratchev said that the EMGF is based on fair principles that guarantee the benefit of all member countries.
The consortium was selected because it offers the most economically advantageous tender in the awarding criteria.
The consortium offered constructing the pipeline by around $1.2 billion by the end of 2020.
