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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 |
Alexander Nikolov

Former Minister of Energy and former head of Bulgargaz charged with malfeasance in office

Former Energy Minister Alexander Nikolov and one of his deputies, Danail Nikolov, as well as former head of Bulgargaz Lyudmil Yotsov have been charged with causing damage to the state gas supplier to the tune of tens of millions of euros. According to..

08.02.23 12:26 |
Rosen Hristov

Energy Minister: We will not supply Russian gas under the Botas gas agreement

"The contract between Bulgargaz and the Turkish company Botas is entirely for the reservation of gas terminal capacity and transmission network. We are not supplying Russian gas with it," the interim Minister of Energy Rosen Hristov assured. In his..

06.01.23 15:55 |
Заради недостиг на енергия в Германия бяха реактивирани въглищни мощности

EWRC: Energy, heating and hot water price cap to be frozen in January 2023 

Heating, hot water and electricity prices for households will not be raised from the New Year, Ivan Ivanov, chairman of the Energy and Water Regulatory Commission in Bulgaria, said after a meeting of the regulator. The main reasons for this are the mild..

30.12.22 13:35 |

Bulgargas proposes new gas price increase for January

"Bulgargaz has submitted to the State Agency for Energy and Water Regulation (EWRC) a proposal to increase the price of natural gas for January 2023 to 104.57 EUR/MWh, excluding taxes and fees. The company explains that this price is more than 25% lower..

12.12.22 21:53 |

Natural gas prices expected to fall sharply in November

The price of natural gas could fall 45% in November, Denitsa Zlateva, CEO of Bulgargaz, told the energy watchdog. The proposed price for November is EUR 65 per megawatt hour, compared to EUR 117 for October. The decrease is due to the lower prices..

28.10.22 11:37 |
Ivan Ivanov

Energy regulator: In November, the price of gas should drop by more than 20%

"The price of gas that Bulgargaz will charge in November will continue to fall and will be between 90 and 100 euros per MWh" . This is the opinion of the Chairman of the Bulgaria's  Energy and Water Regulatory Commission  Ivan Ivanov.  Bulgaria..

11.10.22 13:24 |

Price of natural gas expected to go down by 32% next month

Next month, the price of natural gas could go down by almost 32%. During the public discussion of the prices by this country's energy watchdog, Bulgargaz CEO Denitsa Zlateva pointed out that the Greece-Bulgaria gas interconnector is expected to..

28.09.22 11:34 |
Caretaker Minister of Economy Nikola Stoyanov

Bulgargaz announces invitations to tender for LNG

Bulgaria is giving up gas deliveries from Russia’s Gazprom in the long term, announced caretaker Minister of Economy Nikola Stoyanov. The government will continue to look for ways to obtain the amounts due under the existing agreement with the..

20.09.22 13:53 |

Bulgargaz to book additional capacity at the LNG terminal near Alexandroupolis

Following a decision of Bulgaria’s caretaker cabinet, the state-owned gas supplier Bulgarga z will apply to book additional capacity at the LNG terminal near Alexandroupolis in Greece. Bulgargaz will apply to book an additional capacity of..

14.09.22 18:51 |
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