Bulgargaz Forecasts 5-6% Dip in Natural Gas Prices for May
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
Romania's negotiations with Chevron on the exploration and production of shale gas will be an area of interest for the country's future government, Designated Prime Minister Victor Ponta has declared.
In an interview for Realitatea TV, Ponta has explained that he wants Romanian companies to be competitive when facing companies from Poland, a country which has already started exploitation of shale gas to lower energy costs.
The Romanian PM has further noted that Russian energy giant Gazprom would be disadvantaged should Romania start using shale gas to reduce its reliance on Russian gas.
Chevron wants to start drilling for shale gas exploration near the town of Barlad. However, Romanian environmental campaigners organized protests before the elections on December 9, demanding a nationwide ban on hydraulic fracturing.
On January 18 the Parliament of Romania's southern neighbor, Bulgaria, pssed a moratorium on the hydraulic fracturing technology used in shale gas research and extraction.
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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
In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May
The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
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