The price of natural gas is to go up by around 19% in December. This was announced at a meeting of the Energy and Water Regulatory Commission. This means the selling price of one MWh will be around 145 Leva, not including taxes and charges.
Ivan Ivanov, chairman of the energy regulator stated the main reason for the price rise was the expensive amounts of gas in the underground gas storage facility at Chiren. The increased consumption of gas during winter also affects the price, which means a price hike is also expected in January. “The price I am expecting then will be a little higher but will be far from the 353 Leva per MWh reached in September,” Ivan Ivanov said, and added that the final decision will be made on 1 December.
Bulgaria has a higher share of women in science, technology, engineering and mathematics (STEM) fields than the European Union average, according to a roundtable discussion on “Women in Innovation” held in Sofia. The forum highlighted that 49% of..
The National Assembly has rejected President Rumen Radev's veto on changes to the State Intelligence Agency Act (SIA) and the State Agency Technical Operations (SATO) Act, according to BNR reporter Maria Fileva. The changes strip the president of the..
Bulgaria wants to continue investing in nuclear energy after more than 50 years of experience in the sector, Energy Minister Zhecho Stankov said on Wednesday. About 70% of Bulgarians support the move, Stankov told a Bulgarian-Korean energy..
The necessary net monthly income for subsistence for a worker living alone in September 2025 is 1,547 leva (748 euros) . For a three-member family with a..
The Russian oil company Lukoil has announced that it has accepted an offer from the Swiss Gunvor Group to acquire the international assets of LUKOIL..
The ruling parties GERB-SDS, BSP-United Left and ITN signed an annex to their coalition agreement, specifying the rules for the rotation of the Speaker..
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