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Bulgargaz proposes that the price of natural gas decreases by nearly 6%

Bulgargaz has proposed to the Energy and Water Regulatory Commission that the price of natural gas decreases by nearly 6% in February to BGN 73 (EUR 37.3) excluding fees and taxes. The price is formed on the basis of the quantities under the..

14.01.24 11:45 |

Bulgargaz: Dramatic increase in natural gas prices expected in November 

The price of natural gas will increase by about 20% in November , according to estimates by state-owned supplier Bulgargaz. This is twice as much as the 11% increase announced at the beginning of October. Russian gas transit fee affects only Gazprom,..

26.10.23 13:48 |

European Commission investigates the deal between Bulgargaz and the Turkish BOTAS

Lea Zuber, spokesperson for the European Commission has confirmed that the EC has requested information from Bulgaria about the deal between Bulgargaz and the Turkish BOTAS, providing access to the Turkish gas pipeline.   Bulgaria’s..

20.10.23 15:19 |

Bulgargaz proposes natural gas prices to be 4.6% lower than in September

Bulgaria's public supplier Bulgargaz has announced that it is proposing that the price of natural gas for October be 4.6% lower than the value for September.  This was possible after the company's successful tender at the end of 2022 to supply LNG..

01.10.23 16:35 |

Bulgargaz: No gas price increase in August 

Natural gas prices in August will remain the same or slightly lower than in July , Bulgaria's largest gas distribution company Bulgargas predicted during a discussion at the Energy and Water Regulatory Commission. Two weeks ago, forecasts anticipated a..

27.07.23 14:20 |
Bulgaria's Minister of Energy Rumen Radev

Energy Minister: There are grounds to proceed to exploratory drilling in one of the gas deposits near Varna

There are grounds to proceed to a real exploratory drilling in one of the deposits in the Bulgarian aquatory of the Black Sea, with a potential of 5 billion cubic meters of gas per year, Bulgaria’s Minister of Energy Rumen Radev said for bTV...

17.07.23 09:10 |
Energy Ministrer Rumen Radev

There is no breach of Bulgaria’s interest in the gas deal with the Turkish company Botas, energy minister says

Price formation under the agreement between the Bulgarian Bulgargaz and the Turkish state-owned oil and gas company Botas is not detrimental to the Bulgarian state or to the Bulgarian public provider , Energy Minister Rumen Radev said during a..

23.06.23 12:05 |

The price of natural gas expected to fall 18% in May

The price of natural gas for May is expected to be EUR 37-40 per megawatt-hour, which is 18% less as compared to April, the CEO of the state-owned gas supplier Bulgargaz Denitsa Zlateva said. "We will submit the final price application on May 1, but..

25.04.23 11:58 |

The price of gas for March is 14% lower

Bulgaria's Commission for Energy and Water Regulation approved the price of natural gas for March in the amount of 106.74 BGN/MWh /54.58 EUR/, excluding prices for access, transmission, excise duty and VAT.  At this price, the Bulgarian gas..

01.03.23 18:55 |

Former energy minister Alexander Nikolov is involved in concluding contracts in violation of the law

During the time of Alexander Nikolov as Minister of Energy, gas supply contracts were concluded that did not comply with the Bulgarian Energy Act. The current minister, Rosen Hristov, testified before the prosecutor's office that for the majority of..

09.02.23 14:00 |
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