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Kiril Petkov

Former Premier Kiril Petkov files defamation lawsuit against GERB leader Boyko Borissov

Former Premier Kiril Petkov has filed a EUR 250,000 defamation claim against GERB leader and former Prime Minister Boyko Borissov. Kiril Petkov told journalists that he is suing Boyko Borissov for his statement that Petkov and the other co-chairman..

24.08.22 18:34 |

Gas supply tensions in Bulgaria continue

The former coalition partners of the last regular government - "Democratic Bulgaria" accused the caretaker government of making the country dependent on the Kremlin for gas . In a statement to the media, the formation insists that the interim government..

20.08.22 17:58 |

Natural gas rises in price by 60%

Bulgaria's Commission for Energy and Water Regulation confirmed the price of natural gas for August in the amount of the increase requested by Bulgargaz. Thus, 298 BGN (152 EUR) will be paid for 1 megawatt hour, which represents a 60% increase compared..

12.08.22 15:42 |

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 |

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 |

Caretaker cabinet is faced with a number of challenges including energy prices, inflation and road maintenance

"On behalf of our coalition government, I am handing the power over to you! Contrary to implications, there is no reason to expect an apocalypse in Bulgaria", former Premier Kiril Petkov said at a special ceremony at which he handed the power to the..

02.08.22 14:32 |

Businesses call on Bulgaria's authorities to secure sufficient quantities of natural gas at reasonable prices

Businesses again called for urgent measures to secure the necessary quantities of natural gas at reasonable prices for the coming months. They also called on the authorities to urgently resume gas supplies under the existing contract with Gazprom..

01.08.22 16:38 |

Politics and gas supplies – the two storm clouds looming over Bulgaria

We are in for a hot August in Bulgaria this year – in politics and in the economy. On the first day of the month, all eyes are on the president – as today he issued two decrees, one dissolving the 47 th National Assembly as of 2 August, 2022, and..

01.08.22 14:41 |

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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