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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 |

Higher electricity prices if Gazprom halts deliveries to Europe: Energy Minister Alexander Nikolov

According to Bulgaria’s Energy Minister Alexander Nikolov, a possible stoppage of deliveries by Gazprom to Europe would indirectly impact the price of gas in this country. “This would mean a drastic rise in electricity prices in Europe,..

05.03.22 11:47 |

Bulgartransgaz resumes gas transmission to Europe

Gas transmission to Serbia, Hungary and Romania resumed at midnight, Bulgartransgaz announced. This happened after the end of the repair works on the damaged gas pipeline near the village of Vetrino. Gas transmission was temporarily suspended on..

03.11.21 10:07 |
Minister of Labour and Social Policy Galab Donev

Price of natural gas goes down in November

Instead of rising, the price of natural gas for November becomes BGN 93.19, compared to the price for October of BGN 94.54, Bulgaria's Energy and Water Regulatory Committee has decided. With these prices, Bulgaria, through Bulgargaz and the successful..

01.11.21 19:05 |

As of today Gazprom delivers gas to Hungary via Balkan Stream pipeline, circumventing Ukraine

As of 1 October Gazprom is halting the transiting of national gas for Hungary and Croatia via the territory of Ukraine, and is redirecting the delivery along the Balkan Stream pipeline. Until today natural gas from Russia reached Hungary across the..

01.10.21 19:26 |

Russia's Gazprom terminates its stake in Bulgarian company Overgas

The Moscow-based energy company Gazprom has terminated its participation in the Bulgarian private gas company Overgas. This was announced by the Russian gas giant, quoted by Russian news agency TASS. Gazprom's share was 50% of the stocks of the..

29.01.21 10:35 |

Gazprom launches gas deliveries to Serbia via Bulgaria

As of today, Russia’s Gazprom company is beginning the delivery of natural gas to Serbia and Bosnia and Herzegovina along a new route via Turkey and Bulgaria, a statement by the Russian company reads, as quoted by TASS news agency...

01.01.21 11:20 |

Central heating prices reduced by 10 percent retroactively

The new reduced prices of central heating and hot water will be applied retroactively for the period from August 2019 to March 2020 and will be cheaper by 10%. This was calculated by Bulgaria's Energy and Water Regulatory Commission. The total amount..

10.06.20 15:44 |

Bulgargaz has to reimburse its customers because of lower gas price

The price of natural gas is 53% lower today compared to a year ago, Prime Minister Boyko Borissov said at an extraordinary government meeting. At the meeting it was decided that Bulgarian gas operator Bulgargaz will reimburse customers who purchased..

08.06.20 11:36 |
Belene NPP construction site

PM Borissov: Belene NPP will turn out to be a very good project

You will see that Belene NPP will turn out to be a fantastic, huge, very nice project. I know from the participants in the tender for the power plant that in any case it will be very good, Prime Minister Boyko Borissov told the BNT. Where gas pipelines..

06.06.20 12:12 |
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