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    FG approves 300% increase in electricity tariff

    NERC has no authority over state tariff – Enugu Electricity Regulator

    US Court clears Donald Trump to run for President

    Breaking: US and EU agree trade deal

    Federal Government commissions three “ultra-modern” oncology centers

    Federal Government commissions three “ultra-modern” oncology centers

    How to register for Nnamdi Azikiwe University’s 2025/2026 Post-UTME and Direct Entry Screening

    How to register for Nnamdi Azikiwe University’s 2025/2026 Post-UTME and Direct Entry Screening

    Nnamdi Azikiwe University issues notice to Postgraduate Graduands on 17th Convocation Ceremony

    Nnamdi Azikiwe University’s guidelines for 2025/2026 POST-UTME, Direct entry screening exercise

    FG lists 4 border points in Ukraine Nigerians can cross to safety

    FG denies JSS1 admission age rumors, confirms 10-year minimum

    FG approves 300% increase in electricity tariff

    Enugu State Electricity Regulator lacks power to reduce electricity tariff – NERC

    UK bans Nigerian students and others from bringing family

    UK stops issuing new Health and Care Worker visas to foreign workers

    Trump wins a resounding victory in first Republican primary in Iowa

    Trump secures U.S. – Japan strategic trade and investment agreement

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    “CBN plans to shut down financial transactions” – Apex Bank warns of fake news

    CBN’s Monetary Policy Committee retains interest rate at 27.50%

    President Tinubu approves establishment of South-East Investment Company

    President Tinubu approves establishment of South-East Investment Company

    UK tightens visa rules for care workers, skilled workers and students

    UK tightens visa rules for care workers, skilled workers and students

    United States scraps visa dropbox service for Nigerian applicants

    President Donald Trump cancels protection for 500,000 Haitian migrants

    Spain golden visa scheme ends as Portugal and Greece demand increases

    Spain golden visa scheme ends as Portugal and Greece demand increases

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    CBN ends free ATM withdrawals for other banks’customers

    FG increases private university application fee from N5m to N25m

    FG increases private university application fee from N5m to N25m

    United States scraps visa dropbox service for Nigerian applicants

    United States scraps visa dropbox service for Nigerian applicants

    Buhari says Nigeria security and economy improved during his tenure

    Buhari says Nigeria security and economy improved during his tenure

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    • Companies
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    Board of Fidson Healthcare Plc approve 55 kobo Dividend

    Fidson Healthcare to raise ₦30 billion additional capital

    Board of United Capital Plc (UCAP) declare 70 Kobo dividend per share for 2020 financial year

    Prof. Chika Mordi and Mr. Emmanuel Nnorom retires from United Capital Plc’s Board

    Dr. Ayebae, founder of Fidson Healthcare Plc retires as MD/CEO

    Dr. Ayebae, founder of Fidson Healthcare Plc retires as MD/CEO

    Shareholders of Linkage Assurance Plc approve share bonus distribution

    Shareholders of Linkage Assurance Plc approve share bonus distribution

    Aradel Holdings to list shares on NGX Main Board October 14

    Aradel Holdings Plc reports N368.1 billion revenue for H1 2025

    Custodian Investment Plc announces 25 kobo interim dividend

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    Seplat Energy increases share capital, lists new shares

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    MTN Nigeria to pay over N200 billion final dividend for 2022

    List of Dividends announced in 2025, qualification and payment dates

    FY 2020: UAC of Nigeria Plc posts 27.8% decline in profit after tax from continuing operations

    UAC of Nigeria grows revenue by 32.6% to N110.4 billion in H1 2025

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    Nigerian Exchange – Stock Market report for the week ended 7th July, 2023

    The Nigerian Exchange records impressive performance in H1 2025

    Cryptocurrency: XRP hits new All-Time High at US$3.65

    Cryptocurrency: XRP hits new All-Time High at US$3.65

    NGX suspends trading in the shares of four listed companies

    Banking stocks plunge after CBN suspends banks under regulatory forbearance from paying dividends

    ELECTION: Cutix Plc reschedules Board Meeting

    Weekly Report: Nigerian Exchange sees mixed performance as Cutix Plc emerge top gainer

    Again DMO offers N360 billion FGN bond for February

    DMO offers N300 billion FGN bond for auction in May

    NGX Daily Equities Market Report: Market gains for third consecutive days

    CSCS Plc explores listing on the Nigerian Exchange (NGX)

    NGX Daily Equities Market Report: Market gains for third consecutive days

    NGX delists Flour Mills shares, lists additional NB and Jaiz Bank shares

    Bitcoin soars above $21,000 as U.S. dollar sags

    BITCOIN hits $103,000 for the first time

    Bitcoin (BTC) rises above US$90,000 records a new all time high

    Bitcoin (BTC) rises above US$90,000 records a new all time high

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    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

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We won’t negotiate new gas deal with Russia’s Gazprom – Bulgaria

Sunday, 20 March 2022, 7:33 am
in News, World
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We won’t negotiate new gas deal with Russia’s Gazprom – Bulgaria
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The Bulgarian government has indicated that it will not negotiate a new natural gas contract with Russia’s state-owned energy giant Gazprom.

Deputy Prime Minister Assen Vassilev disclosed the country’s position on Saturday, amid the ongoing war between Russia and Kiev.

Speaking to BNR public radio, he said “In this situation, there’s no way there are talks with Gazprom.”

There is an existing 10-year gas supply contract between Sofia and Gazprom, the contract is due to run out at the end of 2022. Russia Today reports that Bulgaria receives nearly all of its natural gas supply from Russia.

Also read; Russia-Ukraine War: Russia fires hypersonic missiles in Ukraine

The EU and NATO Member state is searching for alternatives to meet its gas demands. Vassilev revealed that they have been holding talks with third parties;

“We have held talks with both Greece and Turkey,” he said, adding that the country may potentially receive natural gas from Azerbaijan through the existing pipeline infrastructure.

“There are alternatives. The old pipes of the Trans-Balkan route,” he explained. “There we have a capacity of about 20 billion cubic meters and it can be used in both directions, we need some three billion cubic meters.”

Other than bringing in natural gas via existing pipelines in Europe, the deputy prime minister said they are also looking at purchasing liquefied natural gas from overseas.

“There are supplies from Qatar, Algeria. This is pan-European. A common EU-wide gas contract will be discussed at European level in the next one-to-two weeks. We expect this mechanism to be in place in the summer,” Vassilev said.

Bulgaria has ruled out providing military aid to Ukraine, taking an opposite position with her fellow NATO and EU member states.

Speaking at meeting with U.S. Defence Secretary Lloyd Austin who is on a two-day visit to Bulgaria, Bulgarian Prime Minister Kiril Petkov said;

“Bulgaria will continue to do everything possible to aid the Ukrainians in this hard war and this huge aggression that the Russian Federation has been inflicting on them,” he told reporters.

“But being so close to the conflict, right now, military aid for Ukraine won’t be possible.”

Russia invaded Ukraine in late February 2022, and is now demanding that Ukraine officially declare itself a neutral country that will never join the NATO military bloc. Ukraine says the Russian invasion was unprovoked.

Russia and Ukraine are currenting negotiating for an end to the war, and a peace agreement.

Nnamdi Maduakor
Nnamdi Maduakor

Nnamdi Maduakor is a Writer, Investor and Entrepreneur

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