A 13% reduction in the price of natural gas this month - down to 141.36 Leva per MWh, excluding charges and taxes. This decision by the Energy and Water Regulatory Commission is to come into force retroactively, as of 1 June. The delivery of Azeri gas and of liquefied natural gas,LNG, have been budgeted for in the price formation.
According to the Energy and Water Regulatory Commission, in the coming months the primary challenge will be to ensure long-term contracts for alternative deliveries. To attain delivery sustainability and price stability, the Commission is recommending that contracts be concluded with at least three alternative suppliers applying different price-formation methods.
The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister Grozdan Karadzhov said during the national discussion “Tourism and Air Connectivity: Traditional..
Bulgaria’s National Assembly approved at second reading amendments to the Investment Promotion Act. Under the changes, the assets of the Russian company Lukoil in Bulgaria can be sold only after a decision by the Council of Ministers and following a..
Bulgaria’s Prime Minister Rosen Zhelyazkov is convening a working meeting with ministers in connection with the United States’ decision to impose sanctions on Rosneft and Lukoil. The meeting is scheduled for 11:00 a.m. on Friday. Premier Zhelyazkov..
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