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Vladimir Malinov

Two years later Bulgargaz to sue Gazprom for the suspended delivery of Russian gas

More than two years ago, Russia’s Gazprom Export suspended gas deliveries under the contract with Bulgaria’s Bulgargaz. Russia suspends natural gas supplies to Bulgaria After a two year’s delay, the new management of the state company..

16.05.24 13:46 |

The price of natural gas is expected to fall in May

Bulgargaz expects the price of natural gas next month to be 5 to 6% lower as compared to April. During an open meeting at the Energy and Water Regulatory Commission, the initially proposed price of EUR29.12 per megawatt-hour was reduced to EUR28.36. The..

29.04.24 12:44 |
Yordan Todorov, MP from Vazrazhdane party

Parliamentary report on Botas deal goes to Bulgarian and European prosecutors

The Bulgarian Socialist Party will send the parliamentary report on the gas contract with the Turkish state-owned energy company Botas to the Anti-Corruption Commission, the Bulgarian and the European prosecutor's office, party leader Kornelia Ninova..

18.04.24 15:51 |

Bulgargaz proposes that the price of natural gas decreases by nearly 6%

Bulgargaz has proposed to the Energy and Water Regulatory Commission that the price of natural gas decreases by nearly 6% in February to BGN 73 (EUR 37.3) excluding fees and taxes. The price is formed on the basis of the quantities under the..

14.01.24 11:45 |

Bulgargaz: Dramatic increase in natural gas prices expected in November 

The price of natural gas will increase by about 20% in November , according to estimates by state-owned supplier Bulgargaz. This is twice as much as the 11% increase announced at the beginning of October. Russian gas transit fee affects only Gazprom,..

26.10.23 13:48 |

European Commission investigates the deal between Bulgargaz and the Turkish BOTAS

Lea Zuber, spokesperson for the European Commission has confirmed that the EC has requested information from Bulgaria about the deal between Bulgargaz and the Turkish BOTAS, providing access to the Turkish gas pipeline.   Bulgaria’s..

20.10.23 15:19 |

Bulgargaz proposes natural gas prices to be 4.6% lower than in September

Bulgaria's public supplier Bulgargaz has announced that it is proposing that the price of natural gas for October be 4.6% lower than the value for September.  This was possible after the company's successful tender at the end of 2022 to supply LNG..

01.10.23 16:35 |

Bulgargaz: No gas price increase in August 

Natural gas prices in August will remain the same or slightly lower than in July , Bulgaria's largest gas distribution company Bulgargas predicted during a discussion at the Energy and Water Regulatory Commission. Two weeks ago, forecasts anticipated a..

27.07.23 14:20 |
Bulgaria's Minister of Energy Rumen Radev

Energy Minister: There are grounds to proceed to exploratory drilling in one of the gas deposits near Varna

There are grounds to proceed to a real exploratory drilling in one of the deposits in the Bulgarian aquatory of the Black Sea, with a potential of 5 billion cubic meters of gas per year, Bulgaria’s Minister of Energy Rumen Radev said for bTV...

17.07.23 09:10 |
Energy Ministrer Rumen Radev

There is no breach of Bulgaria’s interest in the gas deal with the Turkish company Botas, energy minister says

Price formation under the agreement between the Bulgarian Bulgargaz and the Turkish state-owned oil and gas company Botas is not detrimental to the Bulgarian state or to the Bulgarian public provider , Energy Minister Rumen Radev said during a..

23.06.23 12:05 |
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