The price of natural gas for May is expected to be EUR 37-40 per megawatt-hour, which is 18% less as compared to April, the CEO of the state-owned gas supplier Bulgargaz Denitsa Zlateva said. "We will submit the final price application on May 1, but it will be in this range", Denitsa Zlateva said at an open meeting of the Energy and Water Regulatory Commission.
Denitsa Zlateva told the EWRC Chairman Ivan Ivanov that according to the forecast, natural gas prices in June are expected to decrease by another 3-4% month-on-month. There are no problems with natural gas supplies until the end of the year, Denitsa Zlateva pointed out.
Shell Exploration and Production (96) B.V , a subsidiary of Shell, will explore for oil and natural gas in Block 1-26 Khan Tervel, located in Bulgaria's exclusive economic zone in the Black Sea, announced Bulgaria's caretaker Minister of Energy..
The Bulgarian-Moldovan Chamber of Commerce and Industry held a meeting with leading specialists from the energy sector of Bulgaria and Moldova. The online conference was led by the Chairman of the Bulgarian-Moldovan Chamber of Commerce and Industry,..
The draft budget for 2025 proposes a deficit of 3%. The mid-term budgetary forecast targets a deficit of 3% up until 2028. The government debt is to increase to EUR 41.57 billion by 2028. The size of pension insurance is to be preserved in..
Without compensation for the price of electricity, companies will be uncompetitive, said Vasil Velev of the Bulgarian Industrial Capital Association..
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