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Gas in August cheaper by 1.4%

The Commission for Energy and Water Regulation approved the price of natural gas for August in the amount of BGN 59.67/MWh, excluding taxes and fees. At this price, Bulgargaz will sell natural gas to final suppliers and to persons who have been issued a..

01.08.23 18:44 |

13 billion cubic meters of gas estimated in the Khan Asparuh exploration block near Varna 

French Total and Austrian OMV, who are exploring the Black Sea gas deposits, expect to find 13 bcm in the Khan Asparuh exploration block near Varna. The two companies told this to the Parliamentary Energy Committee and the news was announced on Facebook..

09.07.23 11:30 |

Bulgaria offers Ukraine gas from Turkish terminals

Bulgaria can sell to Ukraine gas purchased under the agreement with the Turkish company BOTAŞ, the President's Secretary for Economy Hristo Aleksiev said for bTV. Hristo Alexiev participated in the talks between Ukraine‘s President Volodymyr..

08.07.23 13:33 |

Kozloduy NPP is to have two more blocks, PM Denkov says

“Constructiing units 7 and 8 of the Kozloduy Nuclear Power Plant is now part of the cabinet’s plans,” said PM Nikolay Denkov during a live stream on Facebook from the Council of Ministers , during which he answered questions by journalists and..

06.07.23 11:12 |

The price of gas for July will be 8% lower

Natural gas in July will cost 60.58 BGN /30.97 EUR/ per megawatt hour (MWh) without taxes and fees, or 8% lower than in June, which was 65.82 BGN/MWh /33.65 EUR/, the Commission for Water and Energy Regulation finally decided.  At this price,..

01.07.23 16:45 |
Energy Ministrer Rumen Radev

There is no breach of Bulgaria’s interest in the gas deal with the Turkish company Botas, energy minister says

Price formation under the agreement between the Bulgarian Bulgargaz and the Turkish state-owned oil and gas company Botas is not detrimental to the Bulgarian state or to the Bulgarian public provider , Energy Minister Rumen Radev said during a..

23.06.23 12:05 |

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 |
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