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Bulgargaz forecasts gas price for October at 137.69 euros per MWh

Bulgargaz has forecasted a price of natural gas for October 2022 of BGN 269.29 per megawatt hour /EUR 137.69 per MWh/, excluding taxes and fees . The price was formed with the expectation that the Greece-Bulgaria gas interconnector will be put into..

11.08.22 17:10 |
Ivan Hinovski

Energy expert: Businesses should look for their own gas

Bulgaria's government should negotiate with Russia's Gazprom in order to minimize the sanctions in case of a possible arbitration procedure against Bulgaria. This is the opinion of the energy expert and chairman of the Bulgarian Energy and Mining Forum..

11.08.22 15:18 |

Bulgarian government wants to negotiate lower fuel prices with Lukoil

The Ministry of Energy will propose giving a loan of 400 million euros to the state-owned company "Bulgargaz", caretaker minister Rosen Hristov has told BNT. The goal is for "Bulgargaz" to enter the public financing market in order to..

11.08.22 11:32 |

The interconnector with Greece might not be made operational by 1 November, Bulgargaz CEO says

“The problem with the second gas interconnector between Greece and Bulgaria is the unfinished construction work. We are expecting a day-to-day timetable of performance of the works from the builder,” caretaker Minister of Regional Development and..

09.08.22 14:05 |
Hristo Alexiev

Crisis-management headquarters identify necessary measures in Bulgaria's energy sector

The crisis headquarters in the energy sector, formed by Bulgarian Prime Minister Galab Donev, held its first meeting. After its end, Deputy Prime Minister for Economic Policies and Minister of Transport and Communications Hristo Alexiev, announced..

04.08.22 19:13 |
Bulgaria's caretaker Premier Galab Donev

Bulgaria’s caretaker cabinet prepares a tender for the delivery of liquefied gas

Next week, Bulgaria’s caretaker cabinet is to announce a tender for the supply of liquefied gas to ensure consumption until the end of the heating season, caretaker Premier Galab Donev said before the start of the first meeting of the caretaker..

04.08.22 11:08 |

Bulgargaz had to buy Russian gas through intermediaries

Bulgargaz  had to buy Russian gas through intermediaries at higher prices because of the termination of gas supplies by Gazprom, Ivan Topchiysky, Chairman of the Board of Directors of Bulgargaz said for the BNT. In his words, gas traders are not..

04.08.22 10:55 |

Bulgaria's Bulgargaz: The door to negotiations with Gazprom is not closed

The Chairman of the Board of Directors of Bulgaria's gas company Bulgargaz Ivan Topchiyski described the 60% higher gas price requested by Bulgargaz as shocking in the Nova TV studio. According to him, a lower price of the negotiated liquefied gas can..

03.08.22 17:02 |

Bulgargaz seeks 60% rise in price of natural gas in August

Bulgargaz is seeking a rise in the price of natural gas, and is proposing EUR 152 per  MWh for August, the gas company writes on its website. This means it is proposing a price hike of around 60% compared to July when it was EUR 95 per MWh...

02.08.22 10:12 |

Bulgargaz wants 54% increase in natural gas prices in August

Bulgaria's dominant state gas company Bulgargaz has asked the energy regulator for a 54% higher price for natural gas in August, or 287 leva per megawatt-hour before taxes. The company filed its application at the end of last week, but it was..

27.07.22 14:46 |
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