Letter from Eastern Europe: Bulgaria attempts Russian pivot
On the front line of potential weaponisation of Russian energy, the poorest and arguably most corrupt EU member state is heavily dependent but not without diversification options
EU and Nato member Bulgaria faces a challenge as Europe attempts to wean itself off Russian gas while also facing the potential risk of the Putin regime cutting off supply to those opposing its Ukrainian adventurism. The country imports about 90pc of its gas and most of its other energy resources from Russia, yet it can, in fact, diversify relatively easily. Bulgaria’s energy problems are to some extent self-inflicted—as the recently elected pro-Western government is quick to point out. Solutions will involve not just connecting to nearby pipelines and securing the right contracts, but also rooting out institutional dysfunction and healing political rifts. In response to steep financial sanc

Also in this section
15 August 2025
US secondary sanctions are forcing a rapid reassessment of crude buying patterns in Asia, and the implications could reshape pricing, freight and supply balances worldwide. With India holding the key to two-thirds of Russian seaborne exports, the stakes could not be higher
11 August 2025
The administration is pushing for deregulation and streamlined permitting for natural gas, while tightening requirements and stripping away subsidies from renewables
8 August 2025
The producers’ group missed its output increase target for the month and may soon face a critical test of its strategy
7 August 2025
The quick, unified and decisive strategy to return all the barrels from the hefty tranche of cuts from the eight producers involved in voluntary curbs signals a shift and sets the tone for the path ahead