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

Energy Minister does not rule out the possibility that electricity will rise from 1 July

Photo: BGNES

Caretaker Energy Minister Vladimir Malinov has admitted the possibility that electricity for households might rise in price from 1 July this year. The reason for this is the accumulated deficit in the "Security of the electricity system" fund.

"At the moment it is over BGN 450 million and it is expected to reach around BGN 550 million by the end of the regulatory period, which will end in June. There is no way this accumulated deficit will not affect the price," the minister told BNT. He added, however, that there is still enough time to propose "the right measures".
Vladimir Malinov also said that Bulgaria is negotiating with Azerbaijan to increase natural gas supplies to Bulgaria via Turkey as well, not only via Greece. 

Currently, about 35% of the country's blue fuel comes from the Caspian Sea via the so-called "Southern Gas Corridor". 



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

Bulgarian services dismantle Spain-to-Turkey drug trafficking ring

An organised criminal group trafficking drugs from Spain and the Netherlands to Turkey has been dismantled by the State Agency for National Security (DANS) and the General Directorate for Combating Organised Crime (GDBOP). The leader of the group and..

published on 8/14/25 5:29 PM

Six European countries help Bulgaria fight fires

Last week, Greece, Spain, Bulgaria, Montenegro and Albania activated the EU Civil Protection Mechanism to help them deal with forest fires, many of which are occurring simultaneously across Europe, the European Commission announced...

published on 8/14/25 4:50 PM

Turkish-Azerbaijani consortium could buy Lukoil's business in Bulgaria

A consortium of Azerbaijan's state company SOCAR and Turkish private holding Cengiz is the preferred candidate for the business of Russian company Lukoil in Bulgaria, Dnevnik has reported, quoting Capital. Last month, CEO and co-owner..

published on 8/14/25 3:51 PM