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

High energy prices expected to dominate market at least until 2023

Deputy Minister of Energy Iva Petrova forecasts that high energy prices would dominate the market at least until 2023. During the Sofia Economic Forum, she said that the government's efforts after the suspension of gas deliveries from Russia were aimed at providing and guaranteeing alternative sources. At the same time, support continues to be provided for the completion of important infrastructure projects, including the Bulgaria-Greece gas link, the liquefied gas terminal in Alexandroupolis, and the Chiren gas storage expansion project, the deputy minister added.




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

EC: Bulgaria still not meeting eurozone criteria

Bulgaria fulfils three of the Maastricht criteria for joining the euro zone, but still does not meet the price stability and inflation targets, according to a report by the European Commission, as quoted by BTA. Bulgaria does not currently meet the..

published on 6/26/24 1:51 PM

EU pays €65m for Bulgaria's electricity grid

Bulgaria will receive €65.2 million from the EU for a project to reinforce the electricity grid to better support the integration of renewable energy, the European Commission said in a statement.  The money is part of a total of nearly €3 billion..

published on 6/24/24 2:16 PM

Bulgaria sinks in the 2024 World Competitiveness Ranking

Bulgaria ranks 58th out of 67 countries in the World Competitiveness Yearbook of the Institute for Management Development (IMD), Switzerland. The country has shown a lack of progress since 2021 and dropped 10 positions compared to 2020 and 20..

published on 6/19/24 9:19 AM