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Energy and Water Regulatory Commission requests information about the measures against a potential gas crisis

The Energy and Water Regulatory Commission (EWRC) has requested an urgent information from Bulgargaz, Bulgartransgaz and Balkan Gas Hub about the measures they have taken to prevent a potential gas supply crisis in the forthcoming winter heating..

20.07.22 16:07 |

Bulgargaz demands 32% higher gas price for July

Bulgargaz EAD has officially notified its customers that the final price proposed by it for the public supplier to sell natural gas to final suppliers and to persons who have been issued a license for the production and transmission of thermal energy for..

07.07.22 18:45 |

Businesses not happy they are not being told what the price of gas for July is

Businesses are not happy with the fact they do not know what the price of natural gas will be in July.  “Neither the Energy and Water Regulatory Commission, nor Bulgargaz have published any information on the matter,” the national employer..

05.07.22 16:56 |

Bulgargaz seeks 13% drop in natural gas price for June

Public natural gas supplier Bulgargaz has proposed gas prices to be dropped by more than 13% as of June 1. According to the proposal the new price will be 72.2 euros per mWh . So far, the fuel has been traded in the country at 83.1 euros per mWh ...

01.06.22 13:48 |

Apocalyptic forecasts for Bulgarian economy in case of drastic fuel price rise

Unpredictability in the sphere of energy has a detrimental effect on the Bulgarian economy. "At the moment nobody knows what the price of natural gas is," Dobri Mitrev, chair of the Bulgarian Industrial Association has told BNR, adding..

12.05.22 13:35 |

The spiking natural gas prices will not only lead to bankruptcies of enterprises, but also of many Bulgarians

Following the Bulgarian government's refusal to pay for Russian natural gas in rubles, Moscow's decision to suspend supplies was expected. Yet, this has put cabinet of Prime Minister Kiril Petkov in an extremely difficult position with an unclear..

05.05.22 14:05 |
Boyko Borissov

Boyko Borissov accuses the government of participating in corruption schemes in the gas sector

The leader of GERB party Boyko Borissov has accused the government of participating in corruption schemes in the gas sector. In his words, this will lead to a significant increase in the price of gas.   According to Borissov, a company called MET..

02.05.22 16:07 |

Russia suspends natural gas supplies to Bulgaria

Bulgaria’s energy company Bulgargaz has received a notification that as of April 27, natural gas deliveries from Russia’s Gazprom Export will be suspended. Bulgargaz announced that Bulgaria had fully fulfilled its obligations and had made all..

27.04.22 09:00 |

Payments between Bulgargaz and Gazprom Export continue to be made in dollars

The position of the Bulgarian side, as well as of the European Commission, remains firm - possible payments in rubles are a violation of the contractual relations between Bulgargaz and Gazprom Export . Upon maturity of the contract, payments continue to..

15.04.22 19:10 |
Assen Vassilev

Finance Minister Assen Vassilev: Bulgaria will not renew its contract with Gazprom for the delivery of natural gas

Deputy Prime Minister and Minister of Finance Assen Vassilev stated, in an interview with the BNR, that Bulgaria will not renew its contract with Gazprom for the delivery of natural gas because of the war in Ukraine. In times of conflict..

21.03.22 10:49 |
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