Bulgargaz Pursues Legal Action Against Gazprom Over Gas Supply Cuts
During a briefing at the Ministry of Energy, it was revealed that Bulgargaz intends to pursue legal action against Gazprom Export, seeking damages amounting to BGN 400 million
US energy giant Chevron has reportedly announced the temporary cassation of its shale gas exploration activities in Romania this year.
The report says that Chevron has no claims regarding the concession contract signed with the Romanian government.
Romanian authorities are yet to reveal the contract.
At the end of March, Romania granted Chevron permission to to explore and exploit shale gas in three coastal perimeters - Vama Veche, Adamclisi and Costinesti.
Around 5,000 people recently protested in Barlad against the shale gas exploitation, saying the extraction method is 'dangerous'. In response, Chevron representatives claimed in a statement that natural gas from shale gas reserves represents a clean source of energy, and that Romanians have no reason to worry.
Meanwhile, on Monday, Bulgaria's Economy and Energy Minister Delyan Dobrev revealed that a parliamentary committee would be set up this week to review the country's hydraulic fracturing moratorium.
The moratorium on the method was imposed on January 18.
On January 17, the Bulgarian government revoked a shale gas exploration permit granted to Chevron for deposits in Northeastern Bulgaria, citing the insufficient proof of the environmental safety of hydraulic fracturing.
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During a briefing at the Ministry of Energy, it was revealed that Bulgargaz intends to pursue legal action against Gazprom Export, seeking damages amounting to BGN 400 million
"Toplofikatsia Sofia," the capital's heating supply company, has proposed a significant reduction in the price of thermal energy starting from July 1st
The Kozloduy Nuclear Power Plant (NPP) in Bulgaria is set to embark on a significant transition as it begins the process of replacing Russian nuclear fuel with American fuel from Westinghouse
Bulgargaz, the leading public gas supplier in Bulgaria, anticipates a notable decrease in the price of natural gas for the upcoming month of May. According to Lyudmila Vitanova
Eurostat's latest findings have shed light on the shifting landscape of household energy prices in the European Union, with Bulgaria emerging as a frontrunner in affordability.
The Nuclear Regulatory Agency (NRA) has greenlit the phased transition to a new type of nuclear fuel for Unit 5 of Kozloduy Nuclear Power Plant (NPP), manufactured by Westinghouse
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