Day in 3 News: Companies will get lower energy costs; Bulgargaz gets entry to 2 LNG terminals; MPs vote to supply weapons to Kyiv

Деница Златева Булгаргаз

Day in 3 News: Companies will get lower energy costs; Bulgargaz gets entry to 2 LNG terminals; MPs vote to supply weapons to Kyiv

Деница Златева Булгаргаз

© Лили Тоушек


Stefan Yanev, leader of Bulgarian Rise, on Thursday unexpectedly gave his party's backing to sending arms to Ukraine. The former caretaker minister had repeatedly insisted that if Bulgaria sent arms, it would get involved in the war.

PM's vote to lower companies' energy costs

MPs have voted unanimously to compensate businesses for electricity usage in 2023 and also liberalize the market for household consumers. The first resolution, in short, will lead to lower costs for companies, but without taking into account whether investments have been made in energy efficiency, whether there is a commitment to reduce consumption and whether the businesses concerned are large or small.

Bulgargaz secures access to 2 LNG terminals

Next year state-owned gas supplier Bulgargaz will have at least two slots of its own for unloading LNG tankers at the Greek terminal of Revitusa. However, they will not be sufficient for the needs of the domestic market and once again Bulgaria will have to rely mainly on intermediaries for the supply and therefore pay extra for the use of their slots. And without imports through Greece, the country simply cannot cope with the preparations for the winter after next.

Parliament approves military aid to Ukraine

The majority of Bulgarian MPs voted today in favor of providing arms assistance to Ukraine. The decision was taken after an unexpectedly sluggish and conflict-free debate, with only BSP and Revival opposing. Bulgaria's practice of providing indirect military aid to Kyiv by selling weapons systems to it through third countries now becomes its official open policy.

Stefan Yanev, leader of Bulgarian Rise, on Thursday unexpectedly gave his party's backing to sending arms to Ukraine. The former caretaker minister had repeatedly insisted that if Bulgaria sent arms, it would get involved in the war.

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