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Bulgargaz seeks 13% drop in natural gas price for June

Public natural gas supplier Bulgargaz has proposed gas prices to be dropped by more than 13% as of June 1. According to the proposal the new price will be 72.2 euros per mWh . So far, the fuel has been traded in the country at 83.1 euros per mWh ...

01.06.22 13:48 |

There is no agreement in the EU on an oil embargo against Russia

The meeting of the permanent ambassadors of the EU member states ended without agreement on the proposals of the European Commission to impose an embargo on Russian oil until the end of the year with delays for Hungary, Bulgaria and several other..

30.05.22 09:25 |

Heating companies propose increase in prices by 29 to 330%

Heating companies have requested a rise in the price of heating and hot water between 29% in Sofia and 330% in Veliko Tarnovo. This is clear from the published statements of the companies on the website of the state energy regulator.  However, their..

26.05.22 17:18 |
PM Kiril Petkov in Davos

In Davos, PM Kiril Petkov highlights Europe’s dependence on Russia

The war in Ukraine found us at the heart of a multitude of crises, because we allowed ourselves to be dependent on Russia, Prime Minister Kiril Petkov said during a discussion at the 2022 World Economic Forum Annual Meeting in Davos. PM Petkov..

26.05.22 09:23 |
Minister of Finance Assen Vassilev

Bulgaria seeks clarification from EC regarding Russian gas imports to EU

Deputy Prime Minister and Minister of Finance Assen Vassilev urged the European Commission to clarify whether the different countries of the EU are being treated differently by Gazprom, and whether there is any breach of the sanctions by companies..

25.05.22 09:07 |

EU, US condemn suspension of gas from Russia to Bulgaria, Poland

In a joint statement, the European Commission and the United States described the suspension of gas supplies from Russia to Bulgaria and Poland as "unreasonable and unacceptable." They condemn this action and describe it as "energy blackmail".  The..

24.05.22 14:51 |
Solemn ceremony in front of the monument to Cyril and Methodius in Moscow, archive photo from May 24, 2018

A Bulgarian delegation will not take part in the May 24th ceremony in Moscow

For the first time in 30 years, a delegation from the Bulgarian Embassy will not take part in the official ceremony organized by the Russian authorities on the occasion of May 24 in front of the monument to the holy brothers Cyril and Methodius in Moscow...

24.05.22 10:18 |

Gas interconnector with Greece to become a strategic site, Bulgarian energy ministry proposes

The gas interconnector with Greece should become part of the strategic objects of importance for our national security - this is what Bulgarian Ministry of Energy has insisted to the Council of Ministers. "The facility has become of paramount..

20.05.22 18:20 |
Minister of Transport Nokolay Sabev

Bulgarian Foreign Ministry has allowed humanitarian flight by Russian airplane

The Bulgarian Foreign Ministry permitted a humanitarian flight by a Russian airplane over the airspace of the country on 24 April, Minister of Transport Nokolay Sabev announced in parliament.   He explained that the ban on Russian aircraft..

20.05.22 17:05 |
Kozloduy NPP

European Commission to help EU countries, Bulgaria included, end reliance on Russian nuclear fuel, The Financial Times writes

Brussels is to help EU countries end their dependency on Russian nuclear fuel as it seeks to cut the bloc’s ties to Russian energy by 2027 , The Financial Times writes. The European Commission said it would assist the five EU states - Czech Republic,..

20.05.22 15:16 |
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