The day the Bulgarian Energy and Water Regulatory Commission approved a 42% decrease in the price of imported natural gas, price of gas on the Bulgarian gas exchange dropped to a record low. The Balkan Gas Hub which is an operator of an online gas trading platform announced that at the end of the trading session a deal was signed at EUR 12.5 per megawatt hour, which is 35% below the price of Russian gas. Balkan Gas Hub specifies that this price is extremely competitive, because it includes the access and transmission costs as well. Contracts for a total of 214,800 megawatts were signed during the day at an average price which was 5% lower than the regulated gas price.
The Bulgarian foreign ministry is in constant contact with the Bulgarian embassies in Beirut, Tel Aviv and Tehran, announced by the Deputy Minister of Foreign Affairs, Elena Shekerletova, at a briefing in the Council of Ministers. The..
The Council of Ministers approved the signing of a Security Cooperation Agreement between Bulgaria and Ukraine and Bulgaria's accession to the Ukraine Compact, presented during the NATO Summit in Washington in July. The Ukraine Compact was..
A all-out war in the Middle East would be the worst case scenario, stated by the Caretaker Minister of Defense Atanas Zapryanov to journalists in the Council of Ministers. He stressed that with the escalation of tension the refugee flows will increase...
Caretaker Minister of Foreign Affairs Ivan Kondov is leading the Bulgarian delegation at the 45th session of the Ministerial Conference of La..
Due to the official recommendation of the European Commission and the European Union Aviation Safety Agency (EASA), Bulgaria Air has canceled all..
On Friday, lows will be between 10 and 15 degrees Celsius , 13°C in Sofia. Maximum temperatures will be between 26 and 31°C, 28° in the capital. During..
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