Household electricity prices could go up by less than 30% as of 1 July, 2024, Energy Minister Vladimir Malinov announced at a briefing at the Ministry of Energy.
Kozloduy Nuclear Power Plant has withdrawn the price proposal, and after recalculation, will propose a price rise smaller than 30%, Minister Malinov said. Bulgargaz is also proposing a smaller rise in the price of natural gas (8%) as of June than the 11% initially proposed. The proposal has been submitted to the energy regulator, said Bulgargaz CEO Veselin Sinabov. After holding a tender, in June Bulgaria will receive liquefied natural gas from the Turkish company Botas with a discount that will save the Bulgarian supplier 11.5 million Leva (EUR 5.88 million).
The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister Grozdan Karadzhov said during the national discussion “Tourism and Air Connectivity: Traditional..
Bulgaria’s National Assembly approved at second reading amendments to the Investment Promotion Act. Under the changes, the assets of the Russian company Lukoil in Bulgaria can be sold only after a decision by the Council of Ministers and following a..
Bulgaria’s Prime Minister Rosen Zhelyazkov is convening a working meeting with ministers in connection with the United States’ decision to impose sanctions on Rosneft and Lukoil. The meeting is scheduled for 11:00 a.m. on Friday. Premier Zhelyazkov..
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