The price of natural gas could fall 45% in November, Denitsa Zlateva, CEO of Bulgargaz, told the energy watchdog. The proposed price for November is EUR 65 per megawatt hour, compared to EUR 117 for October. The decrease is due to the lower prices on international exchanges and the launch of commercial operation of the Bulgaria-Greece gas interconnector, which transports the full volumes of Azeri gas under the contract with Bulgaria. Bulgaria reserved regasification gas slots at Greece's Revithoussa LNG terminal. In addition, Bulgargaz is bidding for terminals in Italy and Turkey to secure gas supplies for 2023, Denitsa Zlateva said.
Bulgaria's gas storage facility in Chiren will be 90% full by November 1, the Chairman of the Energy and Water Regulatory Commission Ivan Ivanov said for the Bulgarian National Television.
Bulgaria’s position on the Gaza Strip remains unchanged. The priority is direct dialogue with Israel, aimed at improving the humanitarian situation in Gaza and achieving a lasting peace based on the two-state solution, the Bulgarian Ministry of..
Bulgaria’s National Assembly has passed, at second reading, amendments to the Road Traffic Act. Municipal cameras and those from the national toll system will now be used to detect speeding violations. The changes allow for the introduction of..
Bulgaria retains 13th place in the Henley Passport Index, having climbed 8 positions over the past 10 years, according to the website of the London-based citizenship and residency consultancy Henley & Partners. The Henley Passport Index ranks 199..
Bulgaria and six other EU member states have not signed a joint statement condemning Israel over the situation in Gaza. The statement was signed..
According to forecasts by industry representatives, the introduction of the euro is expected to impact property prices in Bulgaria . Some predict price..
By the end of the second quarter of 2025, a net monthly income of BGN 2,748 (€1,331) is required to support a household of two adults and a child under..
Partly Cloudy
Mostly Cloudy
Partly cloudy, chance of rain