There are grounds to proceed to a real exploratory drilling in one of the deposits in the Bulgarian aquatory of the Black Sea, with a potential of 5 billion cubic meters of gas per year, Bulgaria’s Minister of Energy Rumen Radev said for bTV...
Price formation under the agreement between the Bulgarian Bulgargaz and the Turkish state-owned oil and gas company Botas is not detrimental to the Bulgarian state or to the Bulgarian public provider , Energy Minister Rumen Radev said during a..
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..
Bulgaria's Commission for Energy and Water Regulation approved the price of natural gas for March in the amount of 106.74 BGN/MWh /54.58 EUR/, excluding prices for access, transmission, excise duty and VAT. At this price, the Bulgarian gas..
During the time of Alexander Nikolov as Minister of Energy, gas supply contracts were concluded that did not comply with the Bulgarian Energy Act. The current minister, Rosen Hristov, testified before the prosecutor's office that for the majority of..
Former Energy Minister Alexander Nikolov and one of his deputies, Danail Nikolov, as well as former head of Bulgargaz Lyudmil Yotsov have been charged with causing damage to the state gas supplier to the tune of tens of millions of euros. According to..
"The contract between Bulgargaz and the Turkish company Botas is entirely for the reservation of gas terminal capacity and transmission network. We are not supplying Russian gas with it," the interim Minister of Energy Rosen Hristov assured. In his..
Heating, hot water and electricity prices for households will not be raised from the New Year, Ivan Ivanov, chairman of the Energy and Water Regulatory Commission in Bulgaria, said after a meeting of the regulator. The main reasons for this are the mild..
"Bulgargaz has submitted to the State Agency for Energy and Water Regulation (EWRC) a proposal to increase the price of natural gas for January 2023 to 104.57 EUR/MWh, excluding taxes and fees. The company explains that this price is more than 25% lower..
The price of natural gas could fall 45% in November, Denitsa Zlateva, CEO of Bulgargaz, told the energy watchdog. The proposed price for November is EUR 65 per megawatt hour, compared to EUR 117 for October. The decrease is due to the lower prices..
