Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Higher electricity prices if Gazprom halts deliveries to Europe: Energy Minister Alexander Nikolov

Photo: archive

According to Bulgaria’s Energy Minister Alexander Nikolov, a possible stoppage of deliveries by Gazprom to Europe would indirectly impact the price of gas in this country.

“This would mean a drastic rise in electricity prices in Europe, and Bulgaria as a country playing a balancing role for the entire region would take an indirect hit by such a price trend,” Minister Nikolov commented. In his words, because of the war in Ukraine the closure of the coal-fired power plants could be reconsidered. Alexander Nikolov said further that additional energy compensations are expected to be envisaged for businesses helping refugees from Ukraine. 



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

Effots to put down wildfires near village of Voden continue

A state of emergency remains in force in seven villages in the border municipality of Bolyarovo. The fight against the fire at the village of Voden continues.  Wildfire near border with Turkey expected to be contained on Saturday Wildfires,..

published on 7/21/24 11:03 AM

Weather forecast: High temperatures and rain, sun over the seacoast

On Sunday a cold front will sweep across the country from West to East. There will be clouds and, in the afternoon, brief showers, thunderstorms and hail in many parts. There will be sun over Southeastern Bulgaria and along the Black Sea coast...

published on 7/20/24 6:15 PM
Boyko Borissov

GERB leader Boyko Borissov calls for “last election”

“For us this election has to be the last for the coming years. No more compromises with the people, with society or with the political system should be made,” said GERB leader Boyko Borissov addressing the party’s youth organization in Plovdiv...

published on 7/20/24 3:26 PM