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Balkan Stream pipeline exempted from US sanctions on Gazprombank transactions until March 2025

The Balkan Stream gas pipeline will not be subject to US sanctions for transactions with Russia's Gazprombank. This was revealed in a written answer to a parliamentary question to Energy Minister Zhecho Stankov. On December 23, 2024, the Ministry of..

16.02.25 09:45 |

Gas supplies from Azerbaijan not yet resumed

Natural gas supplies from Azerbaijan to Bulgaria have not yet resumed . This is reported by BTA citing the Bulgarian state gas company Bulgargaz EAD.  The state supplier said that according to the latest available information, the technical problems..

16.01.25 14:29 |
Viktor Orban (L) and Rumen Radev, Sofia, 20 December, 2024

President Radev: Bulgaria continues to be a reliable partner to Hungary in the energy sector

President Rumen Radev met in Sofia with the Prime Minister of Hungary Viktor Orban who is paying a visit to Bulgaria at the invitation of the Bulgarian president. Rumen Radev stated that Bulgaria will continue to be a reliable partner to Hungary in..

20.12.24 15:52 |

Bulgaria’s Chiren gas storage facility is 100% full

The Chiren underground gas storage is 100% full of natural gas, "Bulgartransgaz" has reported. According to the European regulation for guaranteeing the security of gas supplies during the upcoming heating season, gas storages in EU..

28.10.24 16:13 |

First LNG delivery from the Alexandroupolis terminal arrives in Bulgaria

Bulgaria has today received its first delivery of natural gas from the new Alexandroupolis terminal in Greece. The facility has been in commercial operation since 1 October this year and Bulgaria owns 20% of the project, which diversifies LNG supplies..

03.10.24 15:39 |

EC approves EUR 142 million in state aid for Bulgaria’s energy sector

The European Commission has approved state aid amounting to EUR 142 million (BGN 278 million) to support the energy sector, BNR’s correspondent in Brussels reports. The money is being granted to alleviate part of the expenses of the companies which..

12.07.24 16:44 |

Implementation of the Vertical Gas Corridor has started

In Sofia, two agreements have been signed for the construction of parts of the Vertical Gas Corridor, which has given a start to the actual activities aimed at increasing the capacities between Greece, Bulgaria and Romania.  After the..

06.06.24 14:23 |

Kozloduy NPP withdraws proposal for 30% rise in electricity price, will propose less

Household electricity prices could go up by less than 30% as of 1 July, 2024, Energy Minister Vladimir Malinov announced at a briefing at the Ministry of Energy. Kozloduy Nuclear Power Plant has withdrawn the price proposal, and after..

16.05.24 14:29 |

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

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..

12.05.24 15:21 |

Turkey is ready to review the agreement between Bulgargaz and Botas

At a meeting between the Bulgarian and Turkish energy ministers in Istanbul,the Bulgarian side expressed desire to revise the agreement between "Bulgargaz" and "Botas" for the supply of gas. Turkey showed understanding and readiness..

28.04.24 09:55 |
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