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EC Vice President Frans Timmermans on visit in Sofia, October 15, 2021

Frans Timmermans in Sofia: The EC is not against nuclear energy and natural gas

I cannot say whether the date 2040 is good for the closure of the Bulgarian coal-fired power plants until we get acquainted with the country's  Recovery Plan . The European Commission has nothing against nuclear energy, but it is more expensive...

15.10.21 11:03 |
European Commission

10 EU countries, Bulgaria included, seek green financing for nuclear energy in EU

France, Bulgaria and another eight EU countries have launched a joint initiative in support of nuclear energy, world media report. It is “absolutely essential that nuclear energy be included in the framework of European taxonomy before the..

11.10.21 13:03 |

Price of natural gas jumps 36.2 percent

The Energy and Water Regulatory Commission has approved the price of natural gas for October in the amount of BGN 94.54 / MWh - without fees and excise tax. This equal a 36.2-percent rise. The regulator's decision states that the..

01.10.21 15:37 |

Price of natural gas in Bulgaria increases by 20.5%

The price of natural gas goes up by 20.5% as of September 1, Bulgaria’s Energy and Water Regulatory Commission announced. Thus, the natural gas will cost EUR 35.50 per MhW excluding taxes and fees, informed the reporter of the Bulgarian National..

01.09.21 15:51 |
Ivan Ivanov

Bulgarian energy regulator: Gas interconnector with Greece will not be ready until June 2022

The Gas Interconnector Greece-Bulgaria through which gas should be delivered from Azerbaijan, will not be ready by the middle of 2022, said the chairman of the Bulgarian Energy and Water Regulatory Commission, Ivan Ivanov. "We agreed on the request..

26.05.21 13:23 |

Balkan Gas Hub demands commercial license for 35 years

On March 9, at 10 am at a public meeting, Bulgaria's Energy and Water Regulatory Commission will discuss the license of Balkan Gas Hub EAD , BTA reported. The company has requested to be issued a license for a period of 35 years to carry out the activity..

09.03.21 07:25 |

Balkan Stream expected to pay off in 10 years

Bulgaria has some of the most competitive natural gas prices in Europe. They are significantly lower than the stock market ones and this has happened thanks to renegotiated terms with Gazprom and the contract with Azerbaijan,..

05.02.21 11:54 |
Boyko Borissov (L) inspects the compressor station at Petrich

PM Borissov: We are ensuring full diversification for generations to come

“Bulgaria has a “new level of security of natural gas supply” and is making huge investments in energy, so as to be a “ geostrategic country and to transit across 100% Bulgarian infrastructure,” said Prime Minister Boyko Borissov while  inspecting..

01.01.21 15:05 |

Gazprom launches gas deliveries to Serbia via Bulgaria

As of today, Russia’s Gazprom company is beginning the delivery of natural gas to Serbia and Bosnia and Herzegovina along a new route via Turkey and Bulgaria, a statement by the Russian company reads, as quoted by TASS news agency...

01.01.21 11:20 |

Bulgargaz files lawsuit with Sofia heating company

The state-owned natural gas supplier Bulgargaz has filed a lawsuit against the heating company Toplofikatsia Sofia for BGN 110 million (EUR 56 million) . The claim is for amounts due from the period February - October 2020. This was announced for BNR by..

02.12.20 10:18 |
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