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.
Wednesday morning will be cold , with frost forming again in some plains and valleys. Lows will be between 1 and 4°C. In Sofia it will be around 2°C. During the day it will be sunny all over the country. There will be light to moderate winds from..
Bulgarian Minister of Energy Zhecho Stankov has held a working meeting with US Secretary of Energy Chris Wright. The two discussed strategic projects in the sphere of nuclear energy as a key guarantor of the region's long-term energy security...
Bulgaria will not make any concessions to the Republic of North Macedonia in order for Skopje to start negotiations on the country's membership in the European Union. This was reiterated by President Rumen Radev in Warsaw , where he took part in the..
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..
Partly Cloudy
Clear