Deputy Prime Minister and Minister of Finance Assen Vassilev stated, in an interview with the BNR, that Bulgaria will not renew its contract with Gazprom for the delivery of natural gas because of the war in Ukraine. In times of conflict..
"Bulgaria may cut its dependence on Russian energy sources by 2027", the country’s Minister of Environment Borislav Sandov said at the EU Environment Council Meeting in Brussels. In his view, an alternative to Russian oil can be found much..
The price of natural gas will not increase with 58% in April, as forecast by Bulgargaz, the Chairman of the Energy and Water Regulatory Commission Stanislav Todorov assured, referring to the falling market prices of natural gas in recent days...
The price of electricity for household consumers is not expected to rise after the end of the moratorium on electricity, heating and water prices, Minister of Energy Alexander Nikolov said in an interview for bTV. In Minister Nikolov's words, the..
Bulgaria's ombudsman Diana Kovacheva insists that the compensations for the household consumers of natural gas be increased. In a letter to the ministers of finance and energy Assen Vassilev and Alexander Nikolov, she informs that citizens feel..
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..
Bulgaria will negotiate with Azerbaijan for additional quantities of natural gas if there is a problem with Russian supplies of natural gas, said Energy Minister Alexander Nikolov in the relevant parliamentary committee. According to him, there is a..
Bulgaria’s cabinet has extended the compensations in the energy sector. Compensations will cover the entire heating season until the end of March. There are no indications of a risk of delays in oil supplies to refineries, as well as on a commercial..
"All countries will lose from a full-scale conflict between Russia and Ukraine", Ivailo Kalfin, former Minister of Foreifn Affairs, contends. "If war breaks out, Russia will have NATO on its borders, because Ukraine will be quickly admitted to the..
The annual inflation rate in Bulgaria increases to 9.1% in January, data of the National Statistical Institute indicate. In January 2022, the price of peppers increased with 22% as compared to the same period in 2021. The price of cucumbers went up..
