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Natural gas continues to drop in price

Natural gas prices will continue to fall in the next two months . The Bulgarian gas company Bulgargaz submitted to the Commission for Energy and Water Regulation (KEVR) an application for approval of a price for June 2023 in the amount of 35 euros per..

11.05.23 19:05 |
The Memorandum of Understanding signing ceremony

Azerbaijan to double gas deliveries to Europe by 2027, President Ilham Aliyev says

Azerbaijan is planning to double gas deliveries to Europe by 2027, Ilham Aliyev, President of Azerbaijan said in Sofia. He was a special guest at the signing ceremony of the Memorandum of Understanding promoting cooperation between the gas..

25.04.23 14:25 |

Four countries sign gas memorandum with Azerbaijan in Sofia

President of Azerbaijan Ilham Aliyev visits Bulgaria today. The visit comes at the invitation of Bulgarian President Rumen Radev. In the presence of Presidents Radev and Aliyev, a ceremony will be held for signing a Memorandum of..

25.04.23 08:00 |

Report: stopping Russian gas for Bulgaria is a hybrid threat

Against the backdrop of NATO's increased demands on capabilities, including those of national defence forces, Bulgaria recognises that the level of defence spending of 2% of GDP is insufficient. This is stated in the 2022 State of Defence Report...

04.04.23 18:32 |
Rossen Hristov (L) inspects the LNG terminal at Alexandroupolis

One-third of Bulgaria’s gas supplies will come via Alexandroupolis, Bulgaria’s energy minister says

Ten tankers of liquefied natural gas (LNG) totaling 1 billion cubic metres are expected to be unloaded and to head for Bulgaria in 2024, Energy Minister in the caretaker cabinet Rossen Hristov stated. Minister Hristov added that this constitutes..

24.03.23 13:56 |

Bulgaria-Serbia gas connection will be operational in October

Minister of Energy Rosen Hristov has expressed confidence that the gas interconnector Bulgaria-Serbia will be completed on time and within the budget frame. Today, he inspected the construction activities at the facility with an..

18.03.23 15:45 |

The price of gas for March is 14% lower

Bulgaria's Commission for Energy and Water Regulation approved the price of natural gas for March in the amount of 106.74 BGN/MWh /54.58 EUR/, excluding prices for access, transmission, excise duty and VAT.  At this price, the Bulgarian gas..

01.03.23 18:55 |
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 |

Gas is 31% cheaper in February

The Energy and Water Regulatory Commission approved the price of natural gas for February at BGN 124.34/MWh (EUR 63.46/MWh), excluding access, transmission, excise and VAT.  This is 31% lower than the January price of BGN 179.33/MWh (EUR..

01.02.23 19:18 |

Construction of the Bulgaria-Sеrbia gas interconnector starts

The construction of the Bulgaria-Serbia gas interconnector on Bulgarian territory starts on February 1 , the Bulgarian presidential administration said.  Bulgarian and Serbian Presidents Rumen Radev and Aleksandar Vucic will participate in the..

30.01.23 14:56 |
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