Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgarian Energy Holding replaces all members of Bulgargaz management board

| updated on 1/29/22 1:34 PM
Photo: bulgargaz.bg

Following a decision by the Bulgarian Energy Holding, the entire management of Bulgargaz has been replaced. In recent months, the board of directors of Bulgargaz has been accused of failing to provide the quantities of Azerbaijani gas contained in the contract, which would reduce the price for end users in Bulgaria.

In an interview with Darik Radio, Bulgaria's Prime Minister Kiril Petkov said the decision was made by the energy holding company and the energy minister. He welcomed the change of leadership and stressed that the board of Bulgargaz missed opportunities for lower gas supply prices, which led to a 39 percent increase in gas prices for Bulgaria.

It is not yet clear whether the fired members of the gas company's board will appeal the decision of the Bulgarian Energy Holding.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Angelin Tsachev

Electricity export from Bulgaria increases in the summer

For the first 7 months of 2025, compared to the same period in 2024, electricity exports from Bulgaria have been growing. This was what the director of the Electricity System Operator (ESO), Angelin Tsachev, told the Bulgarian..

published on 8/11/25 11:57 AM

Businesses to be offered to buy euro banknotes and coins in November

Starting in November, euro banknotes and coins will be offered for purchase to businesses and citizens before entering the eurozone on January 1, 2026. Traders will have to obtain euro banknotes and coins in order to be able to..

published on 8/11/25 9:29 AM

Bulgaria to acquire additional second-hand minesweepers because of mines in the Black Sea

We expect the governments of Belgium and the Netherlands to decide soon on the acquisition of their decommissioned mine hunters by Bulgaria. This was what Minister of Defence Atanas Zapryanov said in Varna. He was guest at the solemn..

published on 8/11/25 8:55 AM