The Commission for Energy and Water Regulation approved the price of natural gas for August in the amount of BGN 59.67/MWh, excluding taxes and fees. At this price, Bulgargaz will sell natural gas to final suppliers and to persons who have been issued a license for the production and transmission of thermal energy.
The established price is 1.4% lower than the one in July, which was BGN 60.58.
The German economy has been shrinking and the government expects a decline of 0.2% of GDP. Some of the main reasons for this include unresolved structural problems related to lack of energy security, excessive bureaucracy and shortage..
After the election for parliament on 27 October, the caretaker government has to submit a draft of a budget for 2025 to parliament by the end of the month. Some economic analysts say the budget of the country for 2024 is the worst in the past decade. Holes..
Bulgaria's economy will grow by 2.3 per cent this year. This is according to the latest World Economic Outlook prepared by the International Monetary Fund and presented today in Washington. This is down from the Fund's April estimate, which predicted that..
The Russian state oil company Lukoil has plans to sell its Bulgarian refinery Neftochim based in Burgas on the Black Sea Coast. It is the largest in the..
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