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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 |

Balkan developments

Romanian President Klaus Iohannis on official visit to Latin America Romanian President Klaus Iohannis paid an official visit to Brazil, as part of his Latin American tour. His visit to Brazil, which is Romania's biggest trading partner in..

21.04.23 13:04 |

Discussion on the future of natural gas in Southeast Europe takes place in Sofia

A round table on the topic of "The Future of Natural Gas in Southeastern Europe" takes place on March 28 in Sofia and is organized by the Center for the Study of Democracy. An analysis of the long-term visions for the security of..

28.03.23 07:55 |

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 |

Natural gas to become 4% cheaper in March

The price of natural gas is expected to fall below EUR 55 per megawatt-hour in March, the Chairman of the Energy and Water Regulatory Commission Ivan Ivanov told journalists. Following the prices of the Dutch TTF (Title Transfer Facility) exchange,..

23.02.23 11:29 |
Caretaker Minister of Energy Rrosen Hristov

Gazprom files compensation claims against Bulgaria over a contract for the supply of natural gas

Russia’s Gazprom has filed compensation claims against Bulgaria over a  contract for the supply of  natural gas that expired at the end of 2022, c aretaker Minister of Energy Rosen Hristov said for the BNT. He refused to provide more detail,..

10.02.23 10:45 |

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 |

Gas is 31% cheaper in February

The Energy and Water Regulatory Commission approved the price of natural gas for February at BGN 124.34/MWh (EUR 63.46/MWh), excluding access, transmission, excise and VAT.  This is 31% lower than the January price of BGN 179.33/MWh (EUR..

01.02.23 19:18 |

Construction of the Bulgaria-Serbia Gas Interconnector begins

Bulgaria‘ s President Rumen Radev and his Serbian counterpart  Aleksandar Vucic are taking part at the inaugural ceremon y  for the construction of the Bulgaria-Serbia Gas Interconnection  (I BS) on Bulgarian territory. The interconnector..

01.02.23 13:53 |

The price of natural gas in February will be 25-30% lower than in January, energy regulator says

Bulgaria’s energy regulator is not going to raise the price of thermal energy. It looks like in February the price Bulgargaz will sell natural gas at will be below EUR 65 per MWh, said Ivan Ivanov, chairman of the Energy and Water Regulatory..

27.01.23 12:13 |
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