Bulgargaz is seeking a rise in the price of natural gas, and is proposing EUR 152 per MWh for August, the gas company writes on its website. This means it is proposing a price hike of around 60% compared to July when it was EUR 95 per MWh.
The reason the state-run company is citing for this dramatic price rise is the increase in the buying price of natural gas. By way of comparison, prices on the European gas supply markets in August 2022 are in excess of EUR 171 per MWh, the company says. The Energy and Water Regulatory Commission is to set a date for a public discussion of the price hike proposed by Bulgargaz.
“We cannot rule out some gas deliveries from Russia. There are Russian gas deliveries even now – via other Russian companies or subsidiary companies,” Ilian Vassilev, former ambassador of Bulgaria to Russia (2000-2006) commented for the BNR.
The sale of assets of the Russian oil company Lukoil in Bulgaria will only proceed following a decision by the Council of Ministers and approval from the State Agency for National Security (SANS) , MPs stipulated during the first reading of amendments to..
Bulgaria needs to make additional efforts to prevent human trafficking and to protect victims, according to conclusions from a report by the Council of Europe’s Group of Experts on Action against Trafficking in Human Beings (GRETA), published..
The Bulgarian National Bank (BNB) has acquired 66,000 troy ounces of gold (2053.2 kg. ), the national bank writes on its website. The BNB made this purchase after, on 8 July, the Council of the EU adopted a decision on the adoption of the..
The European Commission will provide around €50 million from the EU agricultural reserve to fruit, nut and vegetable producers in Bulgaria, Latvia,..
The fight against the grey sector is directly connected with restricting labour exploitation and with human rights protection, said Minister of Labour..
Three new electric locomotives Siemens Smartron are entering service as of today, Transport Minister Grozdan Karadjov has announced. Two of them will..
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