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PM expects charges raised against former Bulgargaz head

Prime Minister Kiril Petkov said he expected charges raised against former Bulgargaz head Nikolay Pavlov. According to PM Petkov, an investigation is underway into the company's actions. "We are pretty much sure that some of the..

31.01.22 19:00 |
Energy Minister Alexander Nikolov

Bulgaria stands to lose if it stops exporting electricity: Energy Minister Alexander Nikolov

“It would only be possible for Bulgaria to stop exporting electricity if we agree not to be in the EU,” Bulgaria’s Energy Minister Alexander Nikolov said in an interview with Nova TV. “If we stop exporting electricity the price will fall. But..

31.01.22 10:41 |

Kiril Petkov: There will be no frightening scenarios after end of moratorium on electricity prices

No imbalances would break out after the end of the moratorium on electricity prices, Prime Minister Kiril Petkov said in an interview with BNR. According to him, there would be no "frightening scenarios". He added such scenarios that..

16.01.22 14:58 |

Bulgargaz says gas price for March will be lower

Today Bulgargaz submits a proposal to the Energy and Water Regulatory Commission to reduce the price of gas by at least 12-13% in March. This was what the company's executive director Nikolay Pavlov has told Nova TV and added that Bulgargaz was..

11.01.22 07:55 |

Finance Minister: We need a balanced scheme to help businesses over expensive electricity

The scheme to support Bulgarian businesses due to high electricity prices must be balanced , said Deputy Prime Minister and Finance Minister Asen Vassilev at a meeting of parliamentary committees on finance and energy. According to him, it is not..

06.01.22 19:30 |

Energy Regulator signals European Commission over price moratorium

The moratorium on electricity, heating and water prices is illegal and their sharp rise could have been prevented if the government temporarily reduced VAT on energy by up to 10%. This was what the chairman of the energy regulator..

06.01.22 10:41 |

Bulgarian Minister of Energy: We would not allow bankruptcies caused by rising gas prices

Due to the sharp rise in gas prices this month, the finance and energy ministries would adapt measures to help district heating companies avoid bankruptcies and shutdowns in the winter. This was promised at a briefing by Energy Minister Alexander..

04.01.22 19:04 |

Businesses want 75% compensation for price of energy

Compensation for business proposed by the government due to high electricity prices is not enough and may lead to a sharp economic decline, rise in unemployment and social tensions. This was what representatives of employers'..

30.12.21 17:07 |

Price of natural gas rises on January 1

In January, the price of natural gas will rise significantly more than the previously projected 14.5%, it has became clear at the public discussion in the Energy and Water Regulatory Commission. The chairman of the regulator, Ivan..

29.12.21 12:28 |

Stopping timber export could lower price of firewood

By the end of January, I expect the directors of the state forest enterprises to make concrete proposals for measures that will lead to a reduction in the price of firewood. This is what the Minister of Agriculture Dr. Ivan Ivanov..

21.12.21 09:30 |
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