According to the snapshot calculations by Bulgargaz, the price of natural gas must go up by 17% in September, Bulgargaz’s new executive director Denitsa Zlateva stated. She pointed to the price-formation mix: “We have the negotiated amounts of Azeri deliveries; two partial LNG cargoes; the quantity traded at the Balkan gas hub auction at a highly competitive price from the supplier who won the tender.”
Denitsa Zlateva stated further that the caretaker cabinet sends letters to Gazprom every day, and that the talks with the Russian company are taking place at a political not at a company level.
However, the chairman of the energy watchdog Ivan Ivanov stated that negotiations with Gazprom will not yield the desired result. He did not rule out new central heating prices as of the beginning of 2023.
Since the beginning of the year, Bulgaria has also met the price stability criterion for eurozone membership, Minister of Finance Temenuzhka Petkova said. At the opening of the Investor Day 2025: Embracing Opportunities forum in..
A month after Bulgaria receives the green light to join the eurozone, all traders are obliged to have their prices in both Bulgarian levs and euro. This was what Deputy Minister of Economy Nikolay Pavlov said in an interview with the..
The main threats to Bulgaria's national security are Russia and the instability of the Western Balkans, according to the annual report of the State Agency for National Security (SANS) for 2024. In Bulgaria, two Russian..
Bulgaria’s President Rumen Radev discussed ways to boost trade and investment between Bulgaria and Poland during a meeting with representatives of..
In an open letter to Prime Minister Rosen Zhelyazkov and the Ministers of Agriculture, Finance and Economy, the Bulgarian Farmers' Union calls for new..
The second F-16 fighter jet is expected to arrive in Bulgaria within days, said Defense Minister Atanas Zapryanov during a lecture to students at the..
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