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 trading platform announced that at the end of the trading session a deal was signed at EUR 12.5 per megawatt hour, which is 35% below the price of Russian gas. Balkan Gas Hub specifies that this price is extremely competitive, because it includes the access and transmission costs as well. Contracts for a total of 214,800 megawatts were signed during the day at an average price which was 5% lower than the regulated gas price.
On Thursday , a cold front with clouds and precipitation will pass over the country. There will be short-term intense rainfalls with thunderstorms and hail. The lowest temperatures will be between 16 and 22°C; in Sofia - about 16°C...
Bulgaria has offered to help Hungary cope with the difficulties arising from the ban on the transit of oil across Ukraine. This transpired from a post on Facebook by Hungary’s Foreign Minister Peter Szijjarto. “Bulgaria, as a true friend and..
Bulgaria is among the countries with the highest shares of own property in Europe, but has the lowest share of insured homes, Nikolay Stanchev, chairman of the Management Board of the Association of Bulgarian Insurers, told BNT...
There are no active wildfires on the territory of Bulgaria, said caretaker Prime Minister Dimitar Glavchev at the start of the government meeting...
On Thursday , a cold front with clouds and precipitation will pass over the country. There will be short-term intense rainfalls with..
Bulgarians drive more than their Balkan neighbours, averaging more than 21 000 km per year, according to a survey by CarVertical , reported by BGNES...
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