After years of preparation and research, actual drilling for oil and natural gas is starting in the Bulgarian part of the Black Sea. OMV Petrom, the largest energy producer in Southeast Europe, and NewMed Energy Balkan, a subsidiary..
'It is blatantly untrue that the contract with the Turkish state-owned company Botas is not being put into use." President Rumen Radev stated this to journalists at the Krumovo Air Base. The terminal in Alexandroupolis has not been operational..
The Sofia City Prosecutor's Office is conducting pre-trial proceedings regarding the contract between Bulgargaz and the Turkish state-owned gas company Botas, the prosecutor's office's press center announced. Actions are being taken..
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..
The Energy and Water Regulatory Commission has approved the price of natural gas for April at 38.39 EUR/MWh, excluding access, transmission, excise and VAT prices. At this price, Bulgargaz will sell natural gas to end suppliers and..
The Balkan Stream gas pipeline will not be subject to US sanctions for transactions with Russia's Gazprombank. This was revealed in a written answer to a parliamentary question to Energy Minister Zhecho Stankov. On December 23, 2024, the Ministry of..
Natural gas supplies from Azerbaijan to Bulgaria have not yet resumed . This is reported by BTA citing the Bulgarian state gas company Bulgargaz EAD. The state supplier said that according to the latest available information, the technical problems..
President Rumen Radev met in Sofia with the Prime Minister of Hungary Viktor Orban who is paying a visit to Bulgaria at the invitation of the Bulgarian president. Rumen Radev stated that Bulgaria will continue to be a reliable partner to Hungary in..
The Chiren underground gas storage is 100% full of natural gas, "Bulgartransgaz" has reported. According to the European regulation for guaranteeing the security of gas supplies during the upcoming heating season, gas storages in EU..
Bulgaria has today received its first delivery of natural gas from the new Alexandroupolis terminal in Greece. The facility has been in commercial operation since 1 October this year and Bulgaria owns 20% of the project, which diversifies LNG supplies..
