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Former energy minister Alexander Nikolov is involved in concluding contracts in violation of the law

During the time of Alexander Nikolov as Minister of Energy, gas supply contracts were concluded that did not comply with the Bulgarian Energy Act. The current minister, Rosen Hristov, testified before the prosecutor's office that for the majority of..

09.02.23 14:00 |
Isabella LNG tanker

The first of the 7 tankers of LNG arrives in Bulgaria in October

“The executive bureau of GERB party discussed the gas crisis in Bulgaria,” GERB MP Delyan Dobrev said in an interview with bTV. “The solution is to begin an immediate tender for the delivery of non-Russian gas under a long-term agreement that..

31.07.22 11:48 |
Ukrainian Energy Minister German Galushchenko addressing the Transport, Telecommunications and Energy Council, 26 July, 2022

Bulgargaz is looking for gas for November and December

Bulgargaz gas operator has published the amounts of natural gas it needs, month by month, in accordance with the decision of the Energy and Water Regulatory Commission. The announcement shows that the operator has gas for September and October,..

26.07.22 15:22 |
Alexander Nikolov

Parliament will hear PM and Energy Minister on gas supplies

The National Assembly will hear today outgoing Prime Minister Kiril Petkov and outgoing Energy Minister Alexander Nikolov on the supplies and prices of natural gas. The hearing is at the proposal of former Energy Minister Delyan Dobrev from GERB...

07.07.22 05:50 |
Energy Minister Alexander Nikolov.

Government and employers agree on energy compensation measures

Bulgarian government proposes compensations for the electricity prices for the month of May equal to 80% of the increase over 100 EUR/MWh . The measures for natural gas prices envisage 100% compensation of the price increase in May, the cabinet..

16.05.22 13:40 |

Sofia Energy Roundtable brings together sector leaders from key countries in the region

International Ministerial Round Table on Regional Cooperation for Energy Security, Diversification and Green Transition starts today , May 5, at Boyana Residence in Sofia, the press centre of the Energy Ministry announced.  The event is hosted by..

05.05.22 05:15 |
Assen Vassilev (L) and Alexander Nikolov

Bulgaria to coordinate gas deliveries with EU

Deputy Prime Minister and Minister of Finance Assen Vassilev and Energy Minister Alexander Nikolov will be in Brussels to discuss, with the European Commission, Bulgaria’s actions after Gazprom Export cut off gas deliveries to Bulgaria...

28.04.22 08:59 |

Bulgaria will not hold talks with Gazprom under pressure

Natural gas is being used as a political and economic weapon, Bulgarian Minister of Energy Alexander Nikolov said, commenting on halted gas deliveries from Russia. Russia suspends natural gas supplies to Bulgaria "As..

27.04.22 12:58 |

There will be no negotiations with Russia and Gazprom as long as the Russian invasion of Ukraine continues: Energy Minister

“The budget is going to hold up if revenues go down as a result of the reduction of excise duty on fuel, as proposed at a European level by Bulgaria. Negotiations are underway with Azerbaijan for natural gas but there are going to be no..

25.03.22 11:20 |
Chaira Pumped Storage Hydro Power Plant

A turbine at the Chaira Pumped Storage Hydro Power Plant suffers major failure

A turbine at the state-owned Chaira Pumped Storage Hydro Power Plant has suffered a major failure. The installation will probably have to be rebuilt. According to experts, the lack of adequate computer simulations and unprofessional repair works may..

23.03.22 20:00 |
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