Following a decision of the Energy and Water Regulatory Commission, the price natural gas has increased with 32% for July to the tune of EUR 94.98 per megawatt-hour excluding taxes and fees. This is the price, at which Bulgargaz will sell gas to the final suppliers and to persons who have been issued a licence for generation and transmission of heat.
"The situation regarding gas suppllies across Europe is extremely complicated, but the good news is that we will have gas in July" said Stanislav Todorov, Chairman of the Energy and Water Regulatory Commission. In his words, the gas storage facility in Chiren must be filled to 80% of its capacity before the beginning of the heating season. "Prices will continue to rise, as long as the war in Ukraine continues," Stanislav Todorov predicted.
Fuel supplies for the domestic market are fully secured until the end of the year , Energy Minister Zhecho Stankov said, following the United States’ sanctions on Russian oil giants Lukoil and Rosneft. He added that the market would be closely monitored to..
“Bulgaria’s defence industry is renowned for its quality and enjoys an excellent international reputation. This offers great opportunities for close cooperation with Vietnam in the security sector,” President Rumen Radev said during a visit to the..
The Council of Ministers has proposed transferring vehicles from the National Security Service (NSO) to the Presidential Administration through a legislative change, Bulgaria National Radio reporter Tsvetelina Stoyanova reported. This would not put a..
The President of the “Renew Europe” group in the European Parliament, Valérie Hayer, called on the European Commission to urgently send a mission to..
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University ‘St. Kliment Ohridski’ has released SPEAR-1, an..
+359 2 9336 661