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Zhecho Stankov

Big financial funds ready to finance Bulgaria’s energy sector, energy minister says

Just a week after receiving the positive convergence reports on Bulgaria’s entry into the Eurozone, all major financial funds have stated their readiness for the profitable financing of Bulgaria’s energy industry, said Energy Minister Zhecho Stankov..

15.06.25 15:22 |
Energy Minister Zhecho Stankov

The state will continue to regulate electricity price for household consumers, energy minister says

Household consumers will remain on the regulated electricity market for an unlimited period, said Energy Minister Zhecho Stankov at a briefing at the Council of Ministers. The day and the night rates, which are important to the most vulnerable..

28.05.25 13:17 |
Minister Zhecho Stankov

Bulgaria wants to pay Turkish gas company BOTAŞ only for the gas Bulgargaz has received

The contract with the Turkish state-run gas company BOTAŞ is as much a problem for the Bulgarian side as it is for the Turkish side, Energy Minister Zhecho Stankov said in an interview with public service TV BNT. He stated further that he had never..

28.05.25 10:10 |
Zhecho Stankov (L) and Alparslan Bayraktar

Changes to gas contract between Bulgaria and Türkiye’s BOTAŞ in the offing

Ways to improve the positions of the sides to the contract between Bulgaria’s Bulgargaz, Bulgartransgaz and Türkiye’s BOTAŞ will be discussed until 2 May. Agreement on this was reached in Baku, Azerbaijan, by Bulgaria’s Minister of Energy Zhecho..

05.04.25 13:39 |
Energy Minister Zhecho Stankov

Electricity prices will not go up with the liberalization of the electricity market, energy minister says

Household electricity prices will not go up with the planned liberalization of the electricity market for household consumers as of 1 July this year, Energy Minister Zhecho Stankov said in an interview with the BNR. Bills will not go up with the..

02.03.25 13:50 |

Bulgaria to build balancing power plants in the Balkans

Increasing energy connectivity between countries in the region of Southeast Europe will reduce electricity prices, increase competitiveness and security of supply . This was stated by Energy Minister Zhecho Stankov at the Energy Summit, organized by the..

26.02.25 10:36 |
Laura Lochman and Zhecho Stankov, 11 February, 2025

Bulgaria and US set to deepen cooperation in energy

Bulgaria’s Minister of Energy Zhecho Stankov met, in Washington, with Laura Lochman, US Acting Assistant Secretary of the Bureau of Energy Resources. The two discussed the construction of a vertical gas corridor for diverse and sustainable gas..

11.02.25 11:18 |
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