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

Lukoil Bulgaria: It is not true that the company is ceasing its operation in Bulgaria

“All sites in the “Lukoil” retail network are functioning and will continue to operate in normal mode.” This is stated in a press release from the company regarding information spread in some media about the upcoming termination of the activities of..

published on 11/13/25 9:45 AM

Parliamentary Energy Committee rejects presidential veto on the Lukoil Special Manager

The parliamentary Energy Committee has rejected President Rumen Radev’s veto on the legislative amendments concerning the powers of the special manager of “Lukoil Neftohim Burgas.” President vetoes legislative amendments related to the special..

published on 11/13/25 8:45 AM

Tsarevets prepares for two versions of Sound and Light Show in one day

For the first time in the 40-year history of the audio-visual show "Tsarevgrad Tarnov - Sound and Light" in Veliko Tarnovo, its two versions will be shown in one day, the press center of the municipal administration has reported...

published on 11/13/25 7:05 AM