Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Higher electricity prices if Gazprom halts deliveries to Europe: Energy Minister Alexander Nikolov

Photo: archive

According to Bulgaria’s Energy Minister Alexander Nikolov, a possible stoppage of deliveries by Gazprom to Europe would indirectly impact the price of gas in this country.

“This would mean a drastic rise in electricity prices in Europe, and Bulgaria as a country playing a balancing role for the entire region would take an indirect hit by such a price trend,” Minister Nikolov commented. In his words, because of the war in Ukraine the closure of the coal-fired power plants could be reconsidered. Alexander Nikolov said further that additional energy compensations are expected to be envisaged for businesses helping refugees from Ukraine. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Weather forecast: Temperatures to go up on Friday

Precipitation will stop by Thursday night and the weather will be clear on Friday morning. There will be light northwesterly winds in the eastern parts of the country. The weather will be calm in the rest of the country. It will be mostly sunny..

updated on 7/4/24 6:15 PM

Nearly 60% of students resort to supplementary tutoring

Nearly 60% of parents pay for private tutoring for their children. The main reason why students have to take extra lessons is poor-quality preparation at school, which is not sufficient for applying for high school or university. This is shown by a..

published on 7/4/24 6:04 PM

DPS will not propose a government with the second cabinet-forming mandate

The Movement for Rights and Freedoms (DPS) will immediately return the second  government- forming  mandate , DPS Co-chairman Delyan Peevski told journalists. He added that the country is heading towards new elections.  "The second mandate..

published on 7/4/24 3:47 PM