The state-owned company Bulgargaz wants a record 58% increase in the price of natural gas in April , arguing that the war in Ukraine has increased natural gas prices on European exchanges. Bulgargaz requests Bulgarian energy regulator to..
Bulgargaz asked the energy regulator to increase the price of natural gas for March by 3.5% which will raise the cost to 58 euros per megawatt-hour compared to February, when it was 56 euros. Production from the gas storage in Chiren has..
Former executive director of the state-owned Bulgargaz company, Nikolay Pavlov, was summoned today for questioning by the Prosecutor's Office in connection with the gas price crisis. "I explained how the gas market is functioning. That..
A working group of the Energy and Water Regulatory Commission is launching a probe into contracts signed at the trading platform of Balkan Gas Hub EAD between February 1 and 7, 2022. The probe follows a statement of Rumen Ovcharov, former..
At an emergency briefing this morning, Minister of Energy Alexander Nikolov announced that there was a coordinated attack against the new management of the state-owned company Bulgargaz, after the old management was completely..
The information about 60,000 megawatt hours of natural gas sold to certain companies yesterday is not true , Bulgargaz told BNR. Thus, they refuted the statements of former Energy Minister Rumen Ovcharov and former Prime Minister Boyko Borissov that..
The former director of Bulgaria's state-owned gas company Bulgargaz, Nikolay Pavlov, will appear for questioning on Monday , he himself confirmed to Nova TV. "I was summoned as a witness in the Sofia City Prosecutor's Office. What Bulgargaz is..
In front of supporters in Kirkovo, GERB leader Boyko Borissov has accused the government of participating in a corruption scheme. He cited a statement by Rumen Ovcharov, a former energy minister in the BSP cabinet, saying that last night Bulgargaz's..
Minister of the Interior Boyko Rashkov announced that pre-trial proceedings had been initiated in connection with the gas crisis and the price of gas. Regarding the replacement of the entire management of Bulgargaz state-owned company,..
Prime Minister Kiril Petkov said he expected charges raised against former Bulgargaz head Nikolay Pavlov. According to PM Petkov, an investigation is underway into the company's actions. "We are pretty much sure that some of the..
