A 13% reduction in the price of natural gas this month - down to 141.36 Leva per MWh, excluding charges and taxes. This decision by the Energy and Water Regulatory Commission is to come into force retroactively, as of 1 June. The delivery of Azeri gas and of liquefied natural gas,LNG, have been budgeted for in the price formation.
According to the Energy and Water Regulatory Commission, in the coming months the primary challenge will be to ensure long-term contracts for alternative deliveries. To attain delivery sustainability and price stability, the Commission is recommending that contracts be concluded with at least three alternative suppliers applying different price-formation methods.
Sofia Mayor Vasil Terziev and Deputy Mayor of Sofia for Finance Ivan Vasilev met in Bulgaria's capital with the European Bank for Reconstruction and Development Associate Director Donald Mishaxhiu. The purpose of the meeting was to explore..
Hristo Stoichkov has been appointed the Sports Tourism Ambassador for the World Tourism Organization (UN Tourism). This became clear at an official meeting in the Council of Ministers between Prime Minister Rosen Zhelyazkov, Minister of Tourism..
The second payment from the EU under the National Recovery and Resilience Plan of 653 million euros will certainly be refused, even though Bulgaria has implemented 85% of the reforms undertaken to this stage. This was stated at a briefing by Deputy..
Hristo Stoichkov has been appointed the Sports Tourism Ambassador for the World Tourism Organization (UN Tourism). This became clear at an official..
The common will and economic potential of the two countries are important prerequisites for the upward development of bilateral relations, said President..
Increasing energy connectivity between countries in the region of Southeast Europe will reduce electricity prices, increase competitiveness and security..
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