23 Oct, 23

Bulgaria’s Controversial Gas Agreement Faces EU Scrutiny

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The European Commission is investigating a deal allowing Bulgaria to access gas supplies via Turkey over a possible breach of the bloc’s antitrust rules. The agreement, signed in January 2023 between Bulgaria’s state gas company Bulgargaz and Turkey’s state supplier BOTAS, was hailed by the then-caretaker government in Bulgaria as a “historic” deal.But analysts expressed fears that the deal was unprofitable and would damage the country’s financial interests. They also warned that it could be used as a “back door”…

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