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..
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...
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..
“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..
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..
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..
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,..
“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..
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..
“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..