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

Higher electricity prices if Gazprom halts deliveries to Europe: Energy Minister Alexander Nikolov

Photo: archive

According to Bulgaria’s Energy Minister Alexander Nikolov, a possible stoppage of deliveries by Gazprom to Europe would indirectly impact the price of gas in this country.

“This would mean a drastic rise in electricity prices in Europe, and Bulgaria as a country playing a balancing role for the entire region would take an indirect hit by such a price trend,” Minister Nikolov commented. In his words, because of the war in Ukraine the closure of the coal-fired power plants could be reconsidered. Alexander Nikolov said further that additional energy compensations are expected to be envisaged for businesses helping refugees from Ukraine. 



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

Over 108,000 workers from 64 non-EU countries have come to Bulgaria in 6 years

The import of manpower from non-EU countries is record high, but does not cover the needs of the business sector. Since the beginning of the year, 4,202 third-country nationals have been registered for seasonal employment alone. This is 40% of the..

published on 3/18/25 9:41 AM

Bulgaria declares National Day of Mourning in memory of the victims of Kocani nightclub fire

March 18, 2025 has been declared a National Day of Mourning in memory of the young people who died in the tragic fire in a nightclub in the town of  Kočani, Republic of North Macedonia . The decision to this effect was made yesterday by the Bulgarian..

published on 3/18/25 8:55 AM

After summer-like temperatures, snow is coming

At night, the wind will shift from the north-northeast and bring in cold air. On Tuesday, cloudy weather will prevail. In many places there will be snowfalls. The lowest temperatures will be between minus 1°C and 4°C; in Sofia -..

published on 3/17/25 6:45 PM