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 calls to suspend the procedure for the election of the President of the Supreme Administrative Court and the Prosecutor General are a call for the Supreme Judicial Council to violate the Constitution, which is unacceptable," the Supreme Judicial..
President Rumen Radev has called on Bulgarian politicians and parties to resolve their "family issues" and restore Bulgaria's leadership in the Balkans "in a broader regional perspective". "It is high time to take our heads out of the sand, stop..
Bulgarian state-owned company LB Bulgaricum and Japanese giant Meiji signed a contract to establish a world-class joint research laboratory. The official ceremony was attended by interim Economy Minister Petko Nikolov and Japanese Ambassador Michigami..
Bulgaria is the 21 st safest country out of 38 countries in Europe, ranking between Poland and Spain. This country gets 1.643 points measured by..
State-owed natural gas supplier Bulgargaz has hired a legal councillor to defend the interests of the Bulgarian gas company in connection with the..
Sofia is hosting the biggest motor show in Europe this year, Alexander Kostadinov, Chairman of the Board of the Association of Car Manufacturers told..
+359 2 9336 661