The price of natural gas for May is expected to be EUR 37-40 per megawatt-hour, which is 18% less as compared to April, the CEO of the state-owned gas supplier Bulgargaz Denitsa Zlateva said. "We will submit the final price application on May 1, but..
The expansion of Bulgaria‘ s sole gas storage facility in Chiren (Vratsa district) has begun. Most of the funding will be provided from US government institutions, said Vladimir Malinov, Executive Director of Bulgartransgaz. The project aims to..
Before the end of the year, the negotiations with Turkey for the supply of gas will be completed, caretaker Energy Minister Rosen Hristov told Nova TV. He expects the contract for the use of the Turkish gas transmission network to be valid for at least..
Bulgaria has gas supplies until 31 December. They are secured at competitive prices and no crisis is expected in the sector until the end of 2022, interim Energy Minister Rosen Hristov said. At a hearing in the National Assembly on the logistics of..
The caretaker cabinet is working confidently to take control of energy chaos, caretaker Premier Galab Donev said in an interview for Nova TV. "Next week the Bulgaria-Greece gas interconnector will be issued Act 15”, Premier Donev said. As a..
Dozens of people are protest ing in front of the Presidency building in central Sofia against possible negotiations between Bulgaria’s caretaker government and Gazprom. The protest is supported by "Democratic Bulgaria" coalition...
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..
Bulgaria’s Energy and Water Regulatory Commission held an emergency meeting with caretaker Minister of Energy Ros s en Hristov to discuss the problems regarding gas supplies. The meeting was held at the request of the energy watchdog‘s..
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..
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..
