In a joint statement, the European Commission and the United States described the suspension of gas supplies from Russia to Bulgaria and Poland as "unreasonable and unacceptable." They condemn this action and describe it as "energy blackmail". The..
"It is never a mistake to give up working with a supplier who unilaterally changes conditions and uses gas for political purposes" , Bulgaria’s Deputy Premier and Minister of Finance Assen Vassilev said for Nova TV. Minister Vassilev noted that..
From July 1 , Bulgaria will be receiving the agreed amounts of natural gas from Azerbaijan, or 1 billion cubic meters per year, the country’s Minister of Energy Alexander Nikolov announced today at a meeting of the National Assembly Committee..
Russia has imposed sanctions against 31 companies involved in the trade, transmission and storage of Russian natural gas in the E uropean U nion , Great Britain, the United States and Switzerland. WIEE Bulgaria EOOD, which owns a large..
Today, May 3, Bulgaria’s Premier Kiril Petkov is to attend a ceremony marking the start of construction of an LNG terminal in Alexandroupolis. Bulgaria’s company Bulgartransgaz has a 20% stake in the terminal which is expected to be completed by the..
The leader of GERB party Boyko Borissov has accused the government of participating in corruption schemes in the gas sector. In his words, this will lead to a significant increase in the price of gas. According to Borissov, a company called MET..
Energy Ministers from European Union countries are expected to hold emergency talks on May 2 after Russia’s Gazprom halted gas supplies to Bulgaria and Poland last week. The Energy Ministers will study the possibilities for additional action..
The price of gas for May in Bulgaria will be equal to the prices on European exchanges and the increase will be about 35% , predicts the chairman of Bulgaria's energy regulator Stanislav Todorov. A final decision was not reached at the open meeting..
Greece and Germany are poised to send more gas to Bulgaria and Poland after the suspension of Russian imports , the Financial Times reported, citing data from German and Greek gas operators and increased volumes of reserved gas capacities at the..
US President Joe Biden stated he was working to divert natural gas directly to Bulgaria and Poland in response to the suspension of Russian supplies. "We will not let Russia intimidate or blackmail their way out of these sanctions. We will not..