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

Bulgaria's Minister of Energy expects a 10% reduction in gas prices

Caretaker Energy Minister Rosen Hristov
Photo: BGNES archive

Bulgaria wants concreteness from the European Commission on energy security measures through electricity savings. The country has its own goals for diversifying energy sources and ensuring stability, Energy Minister Rosen Hristov said in Varna. He attended the opening of the academic year at the Professional High School of Construction and Architecture, of which he is a graduate.

"Gazprom is not a closed page, but there is no significant progress in the negotiations and we will manage without them", said Hristov. 

Hristov expects lower gas prices in November by nearly 10%. If you compare the prices for September and October with the deliveries that we have agreed, the difference is significant, a 30% reduction, the minister emphasized.



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

Ivelin Mihaylov

Velichie founder Ivelin Mihaylov says he was threatened by party’s parliamentary group chair Nikolay Markov

“Five people from the parliamentary group are going to be “torn apart” during the voting for a cabinet but will, most probably, not give their support,” Ivelin Mihaylov, one of the founders of Velichie party said for the BNR. GERB-SDS..

published on 7/2/24 10:08 AM

IMF urges Bulgaria to raise social security contributions and pensions

In an analysis of the pension system in Bulgaria, the International Monetary Fund urges the country to raise pensions by raising social security contributions and doing away with the maximum insurable earnings. According to the analysis, pensions in..

published on 7/2/24 9:21 AM
Dimitrina Goranova

Tourist industry wants lower VAT to remain in place

Bulgarian tour operators and travel agents are hoping the new parliament will reconsider the decision to revert to the higher VAT (20%) for the industry as of 1 July. They are insisting that tourist packages be subject to 9% VAT until the end of..

published on 7/2/24 8:48 AM