Polish Prime Minister Warns We Are In "Pre-War Era" Amid Russian Aggression
In a sobering assessment of the current geopolitical landscape, Polish Prime Minister Donald Tusk has sounded the alarm, cautioning that Europe is entering a "pre-war era"
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
Bulgaria's consumption of natural gas grew by 2% in 2010 compared with 2009, according to the newly released financial report of state company Bulgargaz.
The Bulgargaz report, which has been published in the Bulgarian Trade Registry, states that in 2010 the Bulgarian economy and households consumed a total of 2.53 billion cubic meters of natural gas compared with 2.48 billion cubic meters the previous year.
Bulgaria's output of natural gas, while occupying a negligible share of the domestic consumption, also grew tangibly in 2010, with the major producer, UK company Melrose Resources, providing a total of 54 million cubic meters to Bulgargaz.
Thus, Bulgaria's natural gas dependence on Russia's Gazprom actually decreased down to 97.8% from 99.6% in 2009.
In 2010, however, Bulgargaz imported natural gas at a price that was 12.8% higher on average than it did in 2009.
While the natural gas price for Bulgargaz decreased by 23.5% and 7% in the first and second quarters of 2010 respectively, it grew by 48% in the third quarter, and by 58% in the last quarter.
The financial report of Bulgargaz states that the company's financial condition is worsening because of the decision of the State Commission for Energy and Water Regulation (DKEVR).
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament
Natural gas prices in Europe experienced a significant spike, surpassing 2% to reach 29 euros per megawatt-hour (MWh) on Monday
Amidst Ukraine's urgent need for additional power sources following the closure of the Russian-controlled Zaporizhzhia nuclear power plant
Bulgarian lawmakers have taken a significant step toward bolstering the nation's energy infrastructure by advancing cooperation with the United States for the construction of Units 7 and 8 at the Kozloduy Nuclear Power Plant
The Bulgarian Parliament has ratified the Agreement between the Government of the Republic of Bulgaria and the Government of the United States on cooperation regarding the construction of nuclear power at the Kozloduy Nuclear Power Plant
During a forum in Alexandroupolis, US Assistant Secretary of State for Energy, Jeffrey Payatt, highlighted the significance of a gas pipeline project through Bulgaria as the next pivotal step for energy development in the region
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022