The price of natural gas will not increase with 58% in April, as forecast by Bulgargaz, the Chairman of the Energy and Water Regulatory Commission Stanislav Todorov assured, referring to the falling market prices of natural gas in recent days. “Markets react in panic to any news coming from the war zone”, Stanislav Todorov added. In his words, the exact estimates will be made at the end of March, but if calculation was made today, the price of natural gas would rise by nearly 30%. Bulgaria’s Minister of Energy Alexander Nikolov agreed with the Chairman of the Energy and Water Regulatory Commission and added that state aid to household consumers may be extended until the end of April.
"The request of Bulgargaz to increase gas prices with nearly 60% is due to the actions of the former management of the company, which refused to buy cheap gas from Azerbaijan", said Premier Kiril Petkov and added that the government will try to reach a new agreement with Azerbaijan to secure cheaper natural gas.
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..
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...
The night sky will be mostly clear and in the morning in many places in the valleys and around water basins there will be fog. During the day it will be sunny, but in the Danube Plain it will remain foggy. The lowest temperatures..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
In 2026, Bulgaria will assume the presidency of the EU Strategy for the Danube Region for the second time. The symbolic handover of the presidency took..
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