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Price of natural gas goes up again

As of today, the price of natural gas jumps by 10%. This has been decided by the Bulgarian energy regulator. Thus, this month one megawatt-hour of the blue fuel will cost BGN 24.72 /12.27 euros/, and this price does not include fees and taxes. This will..

01.10.20 15:58 |

Parliament votes recalculation of prices of Russian gas

New amendments to Bulgaria's Energy Act oblige the state energy regulator to recalculate gas prices for the period August 5, 2019 - March 31, 2020 . The amendment were voted today in Parliament at second reading. The public utility Bulgargaz will..

14.04.20 19:44 |

Parliamentary Energy Commitee approves changes to Energy Act over reduced natural gas price

The Parliamentary Energy Commitee has approved amendments to the Energy Law at first reading with 12 votes for and 6 against. The changes are required in order to regulate a mechanism for reimbursement of sums under agreements concluded between..

03.04.20 13:50 |

Balkan Gas Hub offers gas prices competitive to price of Russian gas

The day the Bulgarian Energy and Water Regulatory Commission approved a 42% decrease in the price of imported natural gas, price of gas on the Bulgarian gas exchange dropped to a record low. The Balkan Gas Hub which is an operator of an online gas..

02.04.20 08:57 |

Reduction in price of natural gas by over 40% being discussed

The price of natural gas could go down by more than the 40% envisaged as of April, announced Nikolay Pavlov, CEO of the public service provider of natural gas in Bulgaria, Bulgargaz. Due to the lower prices of gas, the price of..

26.03.20 15:48 |

Bulgartransgaz starting consultations on 10-year plan to develop its network

The Bulgarian state-owned gas transmission operator Bulgartransgaz launches a public consultation over a project for a 10-year plan for the development of the company's gas network for the period 2020 - 2029. The aim is to guarantee the..

25.03.20 09:53 |

Bulgaria has reserved alternative deliveries to Russian gas for next 10 years

The Bulgarian government has decided to reserve deliveries of natural gas that Bulgargaz would buy through the LNG terminal in Alexandroupolis, Greece for the next ten years. Bulgartransgaz has become a shareholder in Gaztrade, which is building the new..

10.03.20 19:26 |
Bulgargaz Executive Director Nikolay Pavlov

Bulgaria to renegotiate gas prices with Azerbaijan as well

Bulgaria will renegotiate the price of the natural gas that will be imported from Azerbaijan as of October this year, the Executive Director of Bulgargaz Nikolay Pavlov said. The price of natural gas from Azerbaijan which was already negotiated is..

04.03.20 17:09 |

Azerbaijan relies on Bulgaria’s gas hub Balkan

Azerbaijan relies on the Bulgarian gas hub Balkan, in order to supply not only the EU, but also the Western Balkans with natural gas, Azerbaijan’s Minister of Foreign Affairs Elmar Mammadyarov said in Baku at the meeting with his Bulgarian counterpart..

24.06.19 17:36 |
Bulgaria's Minister of Energy Temenuzhka Petkova

Bulgaria imports cheaper gas from USA

Bulgaria has negotiated to buy an extra 140 million cubic meters of gas from non-Russian suppliers, this country’s Minister of Energy Temenuzhka Petkova announced. Thanks to the contract signed with a Dutch company, the gas supply from the USA will..

31.05.19 14:16 |
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