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

Energy Minister does not rule out the possibility that electricity will rise from 1 July

Photo: BGNES

Caretaker Energy Minister Vladimir Malinov has admitted the possibility that electricity for households might rise in price from 1 July this year. The reason for this is the accumulated deficit in the "Security of the electricity system" fund.

"At the moment it is over BGN 450 million and it is expected to reach around BGN 550 million by the end of the regulatory period, which will end in June. There is no way this accumulated deficit will not affect the price," the minister told BNT. He added, however, that there is still enough time to propose "the right measures".
Vladimir Malinov also said that Bulgaria is negotiating with Azerbaijan to increase natural gas supplies to Bulgaria via Turkey as well, not only via Greece. 

Currently, about 35% of the country's blue fuel comes from the Caspian Sea via the so-called "Southern Gas Corridor". 



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

Peevski's and Dogan's coalitions did not submit the documents requested by Central Electoral Commission

The two wings of the Movement for Rights and Freedoms party, which intend to participate in the early parliamentary elections on October 27 in coalitions, did not comply with the instructions of the Central Election Commission (CEC) to submit documents..

updated on 9/8/24 4:17 PM

Defense Minister: Reinstatement of mandatory service could be on the agenda if vacancies in the army are not filled

For now, we do not envisage and do not propose to the Bulgarian parliament to return the conscription military service, Caretaker Minister of Defense Atanas Zapryanov told BNR. He expressed the hope that with the increase in the salaries of the military..

published on 9/8/24 4:15 PM
Boyko Borissov

Boyko Borisov: I have positioned myself as the first political force, MRF did not support me for anything

"What the president is right about is that everybody has to position themselves." Thus, the leader of GERB Boyko Borisov responded to the expectations of President Rumen Radev that the parties position themselves and take adequate actions on a..

published on 9/8/24 1:49 PM