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Sofia Energy Roundtable brings together sector leaders from key countries in the region

International Ministerial Round Table on Regional Cooperation for Energy Security, Diversification and Green Transition starts today , May 5, at Boyana Residence in Sofia, the press centre of the Energy Ministry announced.  The event is hosted by..

05.05.22 05:15 |
Assen Vassilev (L) and Alexander Nikolov

Bulgaria to coordinate gas deliveries with EU

Deputy Prime Minister and Minister of Finance Assen Vassilev and Energy Minister Alexander Nikolov will be in Brussels to discuss, with the European Commission, Bulgaria’s actions after Gazprom Export cut off gas deliveries to Bulgaria...

28.04.22 08:59 |

Bulgaria will not hold talks with Gazprom under pressure

Natural gas is being used as a political and economic weapon, Bulgarian Minister of Energy Alexander Nikolov said, commenting on halted gas deliveries from Russia. Russia suspends natural gas supplies to Bulgaria "As..

27.04.22 12:58 |

There will be no negotiations with Russia and Gazprom as long as the Russian invasion of Ukraine continues: Energy Minister

“The budget is going to hold up if revenues go down as a result of the reduction of excise duty on fuel, as proposed at a European level by Bulgaria. Negotiations are underway with Azerbaijan for natural gas but there are going to be no..

25.03.22 11:20 |
Chaira Pumped Storage Hydro Power Plant

A turbine at the Chaira Pumped Storage Hydro Power Plant suffers major failure

A turbine at the state-owned Chaira Pumped Storage Hydro Power Plant has suffered a major failure. The installation will probably have to be rebuilt. According to experts, the lack of adequate computer simulations and unprofessional repair works may..

23.03.22 20:00 |
PM Kiril Petkov addressing the forum

In times of conflict economic interdependence becomes vulnerability

The war waged by Russia in Ukraine and its consequences for Bulgaria and Europe were at the focus of attention at the annual business meeting with the government. The 12 th edition of the forum, organized by Capital newspaper, took place in..

16.03.22 14:14 |

Higher electricity prices if Gazprom halts deliveries to Europe: Energy Minister Alexander Nikolov

According to Bulgaria’s Energy Minister Alexander Nikolov, a possible stoppage of deliveries by Gazprom to Europe would indirectly impact the price of gas in this country. “This would mean a drastic rise in electricity prices in Europe,..

05.03.22 11:47 |
 Energy Minister Alexander Nikolov

Bulgaria is ready to react to any gas delivery disruption: Energy Minister Alexander Nikolov

“The country is ready to apply adequate measures in the event of a breach or disruption of gas deliveries because of the war between Russia and Ukraine,” said Bulgaria’s Energy Minister Alexander Nikolov. During the extraordinary meeting of..

01.03.22 14:23 |
Minister of Finance Assen Vassilev (L) and Energy Minister Alexander Nikolov

Bulgarian economic delegation pays visit to USA

Deputy Prime Minister and Minister of Finance Assen Vassilev is on a visit to Washington DC, together with Energy Minister Alexander Nikolov and managers from Kozloduy NPP, Bulgargaz and Bulgartransgaz. They are to hold meetings at the White..

14.02.22 11:06 |
Energy Minister Alexander Nikolov

Bulgaria stands to lose if it stops exporting electricity: Energy Minister Alexander Nikolov

“It would only be possible for Bulgaria to stop exporting electricity if we agree not to be in the EU,” Bulgaria’s Energy Minister Alexander Nikolov said in an interview with Nova TV. “If we stop exporting electricity the price will fall. But..

31.01.22 10:41 |
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