gas agreement

Bulgaria probes costly BOTAS gas deal amid mounting financial losses Read More »

Bulgaria probes costly BOTAS gas deal amid mounting financial losses

Officials from the Counter-Corruption Commission (CCC) have inspected the Ministry of Energy and collected all documents related to the gas agreement with Turkish supplier BOTAS. According to Energy Minister Zhecho Stankov, the Ministry’s report revealed daily costs surpassing 500,000 euros, rising since January due to contractual indexing. Stankov stated that Bulgaria is only using 11% […]

Serbia and Russia to resume gas contract talks as current agreement nears expiry Read More »

Serbia and Russia to resume gas contract talks as current agreement nears expiry

Dušan Bajatović, General Director of Srbijagas, announced that negotiations with Russia over a new gas supply agreement will resume next week. With the current arrangement set to expire on 31 May, discussions are focused primarily on determining the duration of the new contract. According to Bajatović, preliminary talks took place during President Aleksandar Vučić’s recent

Slovenia: Algeria to increase its gas supply to Slovenia Read More »

Slovenia: Algeria to increase its gas supply to Slovenia

Algeria and Slovenia have signed several cooperation agreements, one of which involves enhancing Algeria’s gas exports to Slovenia.  Slovenia’s largest gas supplier Geoplin and Algeria’s state-owned energy company Sonatrach signed an annex to their gas supply contract under which Algeria’s natural gas supply to Slovenia will increase by an additional 200 million cubic meters per

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