Weather In Bulgaria On April 30: Cloudy with Rain and Thunderstorms Expected
Over the next 24 hours, much of the country will experience significant cloudiness, accompanied by widespread rain in Central and Eastern Bulgaria
Bulgarian PM Boyko Borisov assured on Friday that there will be no shale gas extraction in the country until a new eco-friendly method is invented.
His statement was made at the annual forum of the American Chamber of Commerce in Bulgaria.
Bulgarian PM however, welcomed a possible public debate. In his words Bulgaria has rich gas resources, which if used could reduce fuel prices. He stated that the greatest opposition to shale gas acquisition at the moment is expressed by the country's current suppliers.
"I sincerely hope that our friends, neighbours and partners from Turkey and Greece won't take advantage of the wish to see Bulgaria punished,'' Borisov said.
He mentioned that the US has experienced a 5% economic growth after the shale gas extraction through fracking started.
Borisov explained that in the case of Bulgaria a moratorium was imposed, because of a ''massive campaign'' on the possible environmental consequences.
Several protests were held in the country against fracking and the most recent one took place in Sofia in September 2014.
Borisov said that at the moment the government has decided to take into consideration public fears on the matter.
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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
Oil prices have surged due to renewed concerns about the Middle East conflict. Brent crude futures increased by 0.32% to 90.80 USD per barrel, while American WTI crude rose by 0.3% to 86.50 USD per barrel
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