Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgarian Energy Holding replaces all members of Bulgargaz management board

| updated on 1/29/22 1:34 PM
Photo: bulgargaz.bg

Following a decision by the Bulgarian Energy Holding, the entire management of Bulgargaz has been replaced. In recent months, the board of directors of Bulgargaz has been accused of failing to provide the quantities of Azerbaijani gas contained in the contract, which would reduce the price for end users in Bulgaria.

In an interview with Darik Radio, Bulgaria's Prime Minister Kiril Petkov said the decision was made by the energy holding company and the energy minister. He welcomed the change of leadership and stressed that the board of Bulgargaz missed opportunities for lower gas supply prices, which led to a 39 percent increase in gas prices for Bulgaria.

It is not yet clear whether the fired members of the gas company's board will appeal the decision of the Bulgarian Energy Holding.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

No Bulgarians reported injured in the earthquake in Tibet

The Bulgarian Embassy in Beijing said that there are currently no reports of Bulgarian citizens injured in the earthquake in Tibet, China, the Ministry of Foreign Affairs told BTA. At least 95 people have died following the powerful earthquake..

published on 1/7/25 3:34 PM
Manol Genov

BSP has not received an invitation to resume negotiations on forming a government

Negotiations for the formation of a regular government within the 51st National Assembly have not resumed at this stage. At the end of last week, GERB-SDS announced that they were terminating the negotiations with Democratic Bulgaria, BSP-United Left..

published on 1/7/25 2:47 PM

We Continue the Change–Democratic Bulgaria proposes amendments to the Electoral Code

We Continue the Change – Democratic Bulgaria has submitted a bill to amend the Electoral Code to ensure that the votes of Bulgarian citizens are counted according to their free will. "Because of the obvious shortcomings of the current practice and..

published on 1/7/25 1:32 PM