Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgarian Energy Holding replaces all members of Bulgargaz management board

| updated on 1/29/22 1:34 PM
Photo: bulgargaz.bg

Following a decision by the Bulgarian Energy Holding, the entire management of Bulgargaz has been replaced. In recent months, the board of directors of Bulgargaz has been accused of failing to provide the quantities of Azerbaijani gas contained in the contract, which would reduce the price for end users in Bulgaria.

In an interview with Darik Radio, Bulgaria's Prime Minister Kiril Petkov said the decision was made by the energy holding company and the energy minister. He welcomed the change of leadership and stressed that the board of Bulgargaz missed opportunities for lower gas supply prices, which led to a 39 percent increase in gas prices for Bulgaria.

It is not yet clear whether the fired members of the gas company's board will appeal the decision of the Bulgarian Energy Holding.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

European Commission: Bulgaria is among the EU countries at risk of migratory pressure

Bulgaria was officially designated among the EU countries at risk of migratory pressure, BNR’s correspondent in Brussels Anguelina Piskova reports, citing the European Commission’s first European Annual Asylum and Migration Report. The document is..

published on 11/12/25 9:24 AM

President Radev returns Defence and Armed Forces Act amendments for further deliberation in parliament

President Rumen Radev has vetoed some of the amendments to the Defence and Armed Forces Act of the Republic of Bulgaria adopted on 30 October this year, the presidential press service has announced. In his motives the president points out that..

published on 11/12/25 8:58 AM

The sun also rises on Wednesday

On Wednesday, minimum temperatures will range from 4 to 9°C across the country, reaching around 2°C in Sofia. The wind will ease and fog will settle in lowland and basin areas. Later during the day, cloud cover will decrease to mostly sunny in many..

published on 11/11/25 7:05 PM