The moratorium on electricity, heating and water prices, which expires on March 31st, would not be extended, Minister of Finance Assen Vassilev announced. The regulator has been calculating a price that is to take effect after the..
“The country is ready to apply adequate measures in the event of a breach or disruption of gas deliveries because of the war between Russia and Ukraine,” said Bulgaria’s Energy Minister Alexander Nikolov. During the extraordinary meeting of..
Speaking about the tension between Russia and Ukraine, as a result of the Russian recognition of the independence of Donetsk and Luhansk, Bulgarian Prime Minister Kiril Petkov told parliament that Bulgaria was a very reliable partner..
A protest rally against energy prices is being held in Sofia. The protest is organized by VMRO. In front of the Council of Ministers, protesters set electricity bills on fire. According to them, the purchase of basic food products has..
The European Commission has allowed the deadline for evaluation of Bulgaria's Recovery and Resilience Plan to be extended by another month, the Commission officials told BNR. It is expected that after the next revision the assessment of the plan will..
At an emergency briefing this morning, Minister of Energy Alexander Nikolov announced that there was a coordinated attack against the new management of the state-owned company Bulgargaz, after the old management was completely..
“The Recovery and Resilience Plan has been submitted to the European Commission and it is considering it. It has undergone significant changes in sectoral policies,” Prime Minister Kiril Petkov stated during question time in parliament. “We,..
According to a decision of the Energy and Water Regulatory Commission, natural gas becomes 17.64% cheaper as of today. In February, natural gas costs BGN 109.88 per megawatt-hour without fees and taxes, or EUR 56.18 per MWh. The..
Prime Minister Kiril Petkov said he expected charges raised against former Bulgargaz head Nikolay Pavlov. According to PM Petkov, an investigation is underway into the company's actions. "We are pretty much sure that some of the..
“It would only be possible for Bulgaria to stop exporting electricity if we agree not to be in the EU,” Bulgaria’s Energy Minister Alexander Nikolov said in an interview with Nova TV. “If we stop exporting electricity the price will fall. But..