The price of natural gas will go down by about 11%, and in January its selling price is expected to drop below EUR 37 per MWh. This was announced at an open sitting of the energy watchdog, the Energy and Water Regulatory Commission (EWRC), which discussed the new prices proposed by Bulgargas. The Commission’s chairman Ivan Ivanov said this was good news for consumers, but also for the district heating companies, because there will be no need for the prices of central heating and hot water to be reviewed in the middle of heating season. “Even though we are in mid-winter, when it is normal for the price of natural gas to go up on power exchanges, this year, because of the comparatively mild weather on the one hand, and on the other, because the gas storage facilities are full throughout Europe, the price on the international exchanges will go down,” said Energy and Water Regulatory Commission chairman Ivan Ivanov. The definitive decision on what the price of gas will be for next month will be made on 1 January, 2024.
A contractor has been selected to supply 35 electric railcars, Transport Minister Georgi Gvozdeykov announced at the Green Transition Forum 4.0 in Sofia. The trains will be purchased with funds from the Recovery and Resilience Plan, he said. The..
An expert cabinet is the only possible option in a political crisis. This position was expressed by the chairman of the parliamentary group of ITN party Toshko Yordanov at the consultations with President Rumen Radev on forming a government. "The most..
An alert of the highest threat level issued by one of the most influential intelligence services in the world is the reason why the home of GERB leader Boyko Borissov is guarded by snipers . This is how he responded to the question of the PP-DB party..
The Bulgarian Development Bank (BDB) is starting "unlimited" financing for the country's defense industry. According to caretaker Minister of..
Caretaker Minister of Interior Kalin Stoyanov is attending the ministerial conference of the Salzburg Forum countries in Vienna, the Ministry of..
Bulgaria has been allocated 48.6 million euro for culture under the Recovery and Resilience Plan (RRP) , interim Culture Minister Nayden Todorov said. The..
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