The price of natural gas will not increase with 58% in April, as forecast by Bulgargaz, the Chairman of the Energy and Water Regulatory Commission Stanislav Todorov assured, referring to the falling market prices of natural gas in recent days. “Markets react in panic to any news coming from the war zone”, Stanislav Todorov added. In his words, the exact estimates will be made at the end of March, but if calculation was made today, the price of natural gas would rise by nearly 30%. Bulgaria’s Minister of Energy Alexander Nikolov agreed with the Chairman of the Energy and Water Regulatory Commission and added that state aid to household consumers may be extended until the end of April.
"The request of Bulgargaz to increase gas prices with nearly 60% is due to the actions of the former management of the company, which refused to buy cheap gas from Azerbaijan", said Premier Kiril Petkov and added that the government will try to reach a new agreement with Azerbaijan to secure cheaper natural gas.
Bulgaria’s Prime Minister Rosen Zhelyazkov called on ministers to focus on solutions rather than excuses, warning of targeted actions aimed at destabilising the political environment . Speaking at the start of a cabinet meeting, Zhelyazkov..
Bulgaria’s government on Wednesday approved funding of up to €3,800 per household to support families affected by recent floods , Labour and Social Policy Minister Borislav Gutsanov said. Families will receive €1,530 in additional support if their..
The leader of the largest parliamentary party GERB commented on his meeting with Donald Trump Jr., which sparked wide media attention in Bulgaria: ''Private meetings with the children of my friends, at an informal lunch which led to nothing-we just..
The European Commission will provide around €50 million from the EU agricultural reserve to fruit, nut and vegetable producers in Bulgaria, Latvia,..
The fight against the grey sector is directly connected with restricting labour exploitation and with human rights protection, said Minister of Labour..
In Saturday an atmospheric disturbance will sweep across the country. Minimum temperatures will reach 8-13° C., for Sofia 10° C. After the..
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