The price of natural gas could go down, as of May, by more than the 7% envisaged. The reason is the collapse of the price of oil and its derivatives on the world markets over the past few days.
“The recalculations will be presented on 1 May,” said Bulgargaz CEO Nikolay Pavlov. Whether central heating and hot water prices will go down and by how much, as a result of the drop in natural gas prices, is yet to become clear. Under the agreement concluded recently between Bulgargaz and its Russian supplier Gazprom Export, the price of oil is calculated every month according to a formula which includes the prices of oil and gas from several European hubs.
On Friday, morning temperatures will range from 10 to 15°C, with 10°C in Sofia. Rain is expected in the western regions in the early hours. During the day, skies will remain cloudy as rain moves from west to east, gradually easing in the afternoon with..
Bulgaria and Vietnam should make the most of their strategic geographic positions – Vietnam in Southeast Asia and Bulgaria in Southeast Europe – acting as a gateway for goods and services from Asia to Europe , President Rumen Radev said on Thursday. He..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University ‘St. Kliment Ohridski’ has released SPEAR-1, an open-source AI model that gives industrial robots 3D spatial intelligence . The technology is..
The President of the “Renew Europe” group in the European Parliament, Valérie Hayer, called on the European Commission to urgently send a mission to..
On Thursday, minimum temperatures will range between 6 and 11°C across the country. Along the Black Sea coast, they will reach 13 to 16°C , while in Sofia..
Legislative amendments banning individuals sanctioned under the global Magnitsky law from holding senior government or party positions will likely be..
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