Public natural gas supplier Bulgargaz has proposed gas prices to be dropped by more than 13% as of June 1. According to the proposal the new price will be 72.2 euros per mWh . So far, the fuel has been traded in the country at 83.1 euros per mWh ...
The Energy and Water Regulatory Commission is ready to introduce block rate tariffs for electricity, heating and water. As a result, consumption below a certain threshold will be charged at a lower rate, whereas consumption above these thresholds..
Heating companies have requested a rise in the price of heating and hot water between 29% in Sofia and 330% in Veliko Tarnovo. This is clear from the published statements of the companies on the website of the state energy regulator. However, their..
"We can be optimistic about the next decade if we take into account the lessons of the past 10 years," Bulgaria's Prime Minister Kiril Petkov said during "A Lost Decade?" discussion in the framework of the Annual Meeting of the World Economic Forum in..
In a joint statement, the European Commission and the United States described the suspension of gas supplies from Russia to Bulgaria and Poland as "unreasonable and unacceptable." They condemn this action and describe it as "energy blackmail". The..
"It is never a mistake to give up working with a supplier who unilaterally changes conditions and uses gas for political purposes" , Bulgaria’s Deputy Premier and Minister of Finance Assen Vassilev said for Nova TV. Minister Vassilev noted that..
From July 1 , Bulgaria will be receiving the agreed amounts of natural gas from Azerbaijan, or 1 billion cubic meters per year, the country’s Minister of Energy Alexander Nikolov announced today at a meeting of the National Assembly Committee..
Russia has imposed sanctions against 31 companies involved in the trade, transmission and storage of Russian natural gas in the E uropean U nion , Great Britain, the United States and Switzerland. WIEE Bulgaria EOOD, which owns a large..
Today, May 3, Bulgaria’s Premier Kiril Petkov is to attend a ceremony marking the start of construction of an LNG terminal in Alexandroupolis. Bulgaria’s company Bulgartransgaz has a 20% stake in the terminal which is expected to be completed by the..
The leader of GERB party Boyko Borissov has accused the government of participating in corruption schemes in the gas sector. In his words, this will lead to a significant increase in the price of gas. According to Borissov, a company called MET..
