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Energy Minister Alexander Nikolov

Bulgaria to negotiate with Azerbaijan in case of hindered supply of Russian natural gas

Bulgaria will negotiate with Azerbaijan for additional quantities of natural gas if there is a problem with Russian supplies of natural gas, said Energy Minister Alexander Nikolov in the relevant parliamentary committee. According to him, there is a..

02.03.22 18:29 |
Bulgaria's Minister of Energy Alexander Nikolov

Bulgaria’s cabinet extends energy compensations until end of March

Bulgaria’s cabinet has extended the compensations in the energy sector. Compensations will cover the entire heating season until the end of March. There are no indications of a risk of delays in oil supplies to refineries, as well as on a commercial..

24.02.22 14:38 |
Ivailo Kalfin

Ivailo Kalfin: I do not expect a full-scale war in Ukraine

"All countries will lose from a full-scale conflict between Russia and Ukraine", Ivailo Kalfin, former Minister of Foreifn Affairs, contends.  "If war breaks out, Russia will have NATO on its borders, because Ukraine will be quickly admitted to the..

21.02.22 12:05 |

NSI: The annual inflation rate in Bulgaria soars to 9.1% in January

The annual inflation rate in Bulgaria increases to 9.1% in January, data of the National Statistical Institute indicate.  In January 2022, the price of peppers increased with 22% as compared to the same period in 2021. The price of cucumbers went up..

15.02.22 18:21 |
Minister Nikolov

Search for natural gas in the Black Sea continues

Investments in gas exploration in the Bulgarian Black Sea economic zone have reached 425 million euros. The Ministry of Energy has information that after three unsuccessful drillings the exploration companies hope to find gas..

08.02.22 09:40 |

Energy and Water Regulatory Commission launches a probe into contracts signed at the gas market

A working group of the Energy and Water Regulatory Commission is launching a probe into contracts signed at the trading platform of Balkan Gas Hub EAD between February 1 and 7, 2022.  The probe follows a statement of Rumen Ovcharov, former..

07.02.22 14:49 |

Bulgargaz refutes Boyko Borissov's allegations of participation in corruption scheme

The information about 60,000 megawatt hours of natural gas sold to certain companies yesterday is not true , Bulgargaz told BNR. Thus, they refuted the statements of former Energy Minister Rumen Ovcharov and former Prime Minister Boyko Borissov that..

05.02.22 18:25 |

Boyko Borissov accuses the government of participating in a corruption scheme

In front of supporters in Kirkovo, GERB leader Boyko Borissov has accused the government of participating in a corruption scheme. He cited a statement by Rumen Ovcharov, a former energy minister in the BSP cabinet, saying that last night Bulgargaz's..

05.02.22 15:05 |
National Assembly Speaker Nikola Minchev

Nikola Minchev: Moratorium on the prices of electricity, water and heating may be lifted before March 31

The moratorium on the prices of electricity, water and heating may be lifted before March 31, National Assembly Speaker Nikola Minchev said for the BNR.  Bulgaria's Premier Kiril Petkov said on Saturday that the moratorium on the prices of..

30.01.22 16:27 |

Employers demand urgent measures over high electricity prices

Employer organizations are demanding an immediate meeting with Prime Minister Kiril Petkov, at which the “situation which poses an imminent danger to the economy and to social peace” resulting from the high prices of electric energy and gas can be..

04.01.22 13:35 |
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