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

Sunny weather is expected at the end of the workweek

On Friday morning, fog or low clouds are expected in many lowlands, basins and around water bodies. It will be mostly sunny during the day. In the lower valleys of the Tundzha and Maritsa rivers, fog will persist until around noon, while in the..

published on 11/13/25 6:45 PM

Ex-PM Boyko Borisov: Bulgaria will receive a derogation for Lukoil

GERB leader Boyko Borisov has assured that Bulgaria will receive an exception from the US sanctions against Russian oil and gas , BNR reporter Violeta Ashikova reported. “I can guarantee to Bulgarians that Bulgaria will receive a derogation. The..

published on 11/13/25 11:06 AM

The Bulgarian cabinet submits the budget to the National Assembly in its original Form, neglecting the opinion of employers

The Bulgarian government will approve and submit to the National Assembly the draft laws related to the state budget for 2026  in the version coordinated with the supporting political parties. This decision was reached after the four employer..

published on 11/13/25 10:18 AM