The price of natural gas will not increase with 58% in April, as forecast by Bulgargaz, the Chairman of the Energy and Water Regulatory Commission Stanislav Todorov assured, referring to the falling market prices of natural gas in recent days. “Markets react in panic to any news coming from the war zone”, Stanislav Todorov added. In his words, the exact estimates will be made at the end of March, but if calculation was made today, the price of natural gas would rise by nearly 30%. Bulgaria’s Minister of Energy Alexander Nikolov agreed with the Chairman of the Energy and Water Regulatory Commission and added that state aid to household consumers may be extended until the end of April.
"The request of Bulgargaz to increase gas prices with nearly 60% is due to the actions of the former management of the company, which refused to buy cheap gas from Azerbaijan", said Premier Kiril Petkov and added that the government will try to reach a new agreement with Azerbaijan to secure cheaper natural gas.
The Bulgaria army will make up for the lack of personnel but not immediately. For 2025, we have money to hire only 1,000 new soldiers, said Defense Minister Atanas Zapryanov before the relevant parliamentary committee. The committee supported the..
Bulgaria remains a net exporter of electricity and one of the pillars of the energy system in Southeast Europe. Electricity exports exceed imports by 3.1% in 2024. According to this indicator, the country ranks 11th in Europe. Among the..
At a ceremony at the Vytautas Magnus University in the Lithuanian city of Kaunas , the rector of Sofia University “St. Kliment Ohridski”, Prof. Georgi Valchev, accepted the rotating presidency of the international university alliance..
By mid-2026, Bulgaria must be removed from the Financial Action Task Force (FATF) “grey list” of countries with deficiencies in its anti-money..
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