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 Bulgargaz as a public natural gas supplier and its customers. This became necessary after the negotiation of a lower price for natural gas deliveries between Russian company Gazprom and Bulgargaz. The changes make it possible for the Energy and Water Regulatory Commission to approve natural gas prices retroactively from August 5, 2019, so that recoverable sums will be restored to consumers. Energy Minister Temenuzhka Petkova has recommended that the changes should not affect the free market for natural gas.
Today the 33rd Bulgarian Polar Expedition left the port of Varna for Antarctica. For the third year in a row, Bulgarian polar explorers will sail on the military research vessel "St Cyril and Methodius". This time, two cadets from Romania will be on..
From today until 9 November, the Central Military Club in Sofia will host the Sofia Information Integrity Forum 2024 . The event will bring together world-leading experts in various fields to discuss the latest technological advances and strategies in..
The Bulgarian Ministry of Defense has signed a contract with Polish state company Wojskowe Zakłady Lotnicze Nr 2 S.A. for major repair of six MiG-29 aircraft engines. The maximum period for carrying out the repair of each engine will be no more..
2.5% is the necessary effort that our country must make in terms of defence spending, caretaker Minister of Defense Atanas Zapryanov..
Acting Energy Minister Vladimir Malinov told a briefing that neither he nor the Energy Ministry had any information about the sale of Lukoil Neftohim..
Metallurgy, heavy and mining industry are an irrevocable part of the full-fledged economic development of Europe. This was stated by Bulgarian President..
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