The day the Bulgarian Energy and Water Regulatory Commission approved a 42% decrease in the price of imported natural gas, price of gas on the Bulgarian gas exchange dropped to a record low. The Balkan Gas Hub which is an operator of an online gas trading platform announced that at the end of the trading session a deal was signed at EUR 12.5 per megawatt hour, which is 35% below the price of Russian gas. Balkan Gas Hub specifies that this price is extremely competitive, because it includes the access and transmission costs as well. Contracts for a total of 214,800 megawatts were signed during the day at an average price which was 5% lower than the regulated gas price.
Bulgaria’s President Rumen Radev handed the first cabinet-forming mandate to Rossen Zhelyazkov who is the prime minister-designate of the largest parliamentary group-GERB-SDS. Rossen Zhelyazkov announced the structure and composition of the cabinet,..
As of today, the price of electricity for household consumers will rise by an average of 1.7%, while the price of central heating and hot water will decrease by 8.5%, the Energy and Water Regulatory Commission said. The biggest increase in..
Today, President Rumen Radev will hand over the first government-forming mandate to the candidate for Prime Minister nominated by the largest parliamentary group, GERB-SDS. Last week, Bulgaria’s head of state held consultations with the..
Metropolitan Daniil of Vidin has been elected as the new Bulgarian Patriarch. He received 69 votes. Metropolitan Gregory of Vratsa received 66 votes...
The enthronement of the newly elected Bulgarian Patriarch, Metropolitan Daniil of Vidin, is over. The new spiritual leader was welcomed in St...
It will be sunny on Monday. There will be light southeasterly wind in the eastern parts of the country. The hot weather continues with maximum..
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