Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

EC approves EUR 142 million in state aid for Bulgaria’s energy sector

Photo: EPA/BGNES

The European Commission has approved state aid amounting to EUR 142 million (BGN 278 million) to support the energy sector, BNR’s correspondent in Brussels reports. The money is being granted to alleviate part of the expenses of the companies which filled the underground gas storage facility Chiren, in November 2022, to 80% before the start of the heating season. The aid will be in the form of direct grants to the natural gas suppliers to compensate for part of their losses sustained as a result of the storage of expensive gas in the summer of 2022 with the aim of fulfilling the country’s obligation to store and subsequently sell it at lower prices from November 2022 to April 2024. The ceiling for the aid is EUR 76.7 per MWh. In calculating the final amount of state aid, only half of the stored gas can be taken into account. The scheme will be in force until the end of this year.



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

Premier Rosen Zhelyazkov

A permanent coordination mechanism will counter smuggling

A permanently functioning coordination mechanism will control, prevent and counter smuggling, Prime Minister Rosen Zhelyazkov announced after a meeting with representatives of the services. "The objectives are clear, and the approach will be solid",..

published on 4/9/25 1:36 PM

PP-DB calls for the resignation of Road Infrastructure Agency chief

“We Continue the Change – Democratic Bulgaria” called on Minister of Regional Development Ivan Ivanov to immediately dismiss the chair of the Management Board of the Road Infrastructure Agency, Eng. Yordan Valchev. “The reasons for..

published on 4/9/25 11:31 AM

Two Egyptian vultures found poisoned in the Eastern Rhodopes

The Bulgarian Society for the Protection of Birds published information on its Facebook page about two poisoned Egyptian vultures in the Eastern Rhodopes. A female bird, with a transmitter attached, died in the hands of Dr...

published on 4/9/25 10:23 AM