A 13% reduction in the price of natural gas this month - down to 141.36 Leva per MWh, excluding charges and taxes. This decision by the Energy and Water Regulatory Commission is to come into force retroactively, as of 1 June. The delivery of Azeri gas and of liquefied natural gas,LNG, have been budgeted for in the price formation.
According to the Energy and Water Regulatory Commission, in the coming months the primary challenge will be to ensure long-term contracts for alternative deliveries. To attain delivery sustainability and price stability, the Commission is recommending that contracts be concluded with at least three alternative suppliers applying different price-formation methods.
On Friday, morning temperatures will range from 10 to 15°C, with 10°C in Sofia. Rain is expected in the western regions in the early hours. During the day, skies will remain cloudy as rain moves from west to east, gradually easing in the afternoon with..
Bulgaria and Vietnam should make the most of their strategic geographic positions – Vietnam in Southeast Asia and Bulgaria in Southeast Europe – acting as a gateway for goods and services from Asia to Europe , President Rumen Radev said on Thursday. He..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University ‘St. Kliment Ohridski’ has released SPEAR-1, an open-source AI model that gives industrial robots 3D spatial intelligence . The technology is..
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University ‘St. Kliment Ohridski’ has released SPEAR-1, an..
On Friday, morning temperatures will range from 10 to 15°C, with 10°C in Sofia. Rain is expected in the western regions in the early hours. During the day,..
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