Natural gas in July will cost 60.58 BGN /30.97 EUR/ per megawatt hour (MWh) without taxes and fees, or 8% lower than in June, which was 65.82 BGN/MWh /33.65 EUR/, the Commission for Water and Energy Regulation finally decided. At this price,..
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..
Natural gas prices will continue to fall in the next two months . The Bulgarian gas company Bulgargaz submitted to the Commission for Energy and Water Regulation (KEVR) an application for approval of a price for June 2023 in the amount of 35 euros per..
Azerbaijan is planning to double gas deliveries to Europe by 2027, Ilham Aliyev, President of Azerbaijan said in Sofia. He was a special guest at the signing ceremony of the Memorandum of Understanding promoting cooperation between the gas..
President of Azerbaijan Ilham Aliyev visits Bulgaria today. The visit comes at the invitation of Bulgarian President Rumen Radev. In the presence of Presidents Radev and Aliyev, a ceremony will be held for signing a Memorandum of..
Against the backdrop of NATO's increased demands on capabilities, including those of national defence forces, Bulgaria recognises that the level of defence spending of 2% of GDP is insufficient. This is stated in the 2022 State of Defence Report...
Ten tankers of liquefied natural gas (LNG) totaling 1 billion cubic metres are expected to be unloaded and to head for Bulgaria in 2024, Energy Minister in the caretaker cabinet Rossen Hristov stated. Minister Hristov added that this constitutes..
Minister of Energy Rosen Hristov has expressed confidence that the gas interconnector Bulgaria-Serbia will be completed on time and within the budget frame. Today, he inspected the construction activities at the facility with an..
Bulgaria's Commission for Energy and Water Regulation approved the price of natural gas for March in the amount of 106.74 BGN/MWh /54.58 EUR/, excluding prices for access, transmission, excise duty and VAT. At this price, the Bulgarian gas..
Former Energy Minister Alexander Nikolov and one of his deputies, Danail Nikolov, as well as former head of Bulgargaz Lyudmil Yotsov have been charged with causing damage to the state gas supplier to the tune of tens of millions of euros. According to..
