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 been suspended and by order of Energy Minister Alexander Nikolov the facility has switched to the mode of pumping additional quantities into Bulgaria's reserve gas hub, which has led to Bulgargas' demand for an increase in the price, explained Energy and Water Regulatory Commission chairman Stanislav Todorov.
So far, cheaper gas has been drawn from Chiren during the winter months, but because of fears that the war in Ukraine could lead to a gas supply crisis, a new reserve needs to be built up. This will force Bulgaria to use more imported gas, which is significantly more expensive.
On 7 March, the regulator will officially approve the new gas price for March.
On Tuesday until noon, sunny weather will prevail over most area. In the afternoon there will be more significant increases in cloudiness over the northern and eastern parts of the country. In places, mainly in North-Eastern Bulgaria, it will rain and..
The Prime Minister of the Republic of North Macedonia Hristijan Mickoski stated that there will be personnel changes in the Joint Multidisciplinary Commission on Historical and Educational Issues between Bulgaria and North Macedonia, MIA reports...
The European Prosecutor's Office in Sofia has seized property as part of an investigation into a project worth 2.6 million euros (5.2 million leva), involving activities on the water supply network of a municipality in Bulgaria, financed by the EU...
Bulgarian Patriarch Daniil has called on the faithful to pray for the strengthening of the Ukrainian Orthodox Church, which is threatened with closure ...
About 40 parent organizations from across the country supported changes to the Preschool and School Education Act, banning the propaganda of..
The European Prosecutor's Office in Sofia has seized property as part of an investigation into a project worth 2.6 million euros (5.2 million leva),..
Mostly Cloudy
sunshine, cloud, rain and thunder
Partly cloudy, chance of rain
Partly Cloudy