Business » Energy

Bulgaria 'Seeking to Become Hub for Russian Gas'

Bulgaria has not set for itself the goal of becoming a key hub for gas produced by Russian energy giant Gazprom, according to a Russian daily.

Business » Energy | October 6, 2015, Tuesday // 11:52 | Viewed: 1164

Bulgaria’s PM: Dobrich – Silistra Gas Pipeline Issued Final Certificate of Fitness

Bulgaria’s state-owned gas transmission system operator Bulgartransgaz EAD has been issued an act for establishment of the construction works’ fitness for operation (Act 16) for the Dobrich – Silistra gas pipeline.

Business » Energy | October 6, 2015, Tuesday // 08:45 | Viewed: 905

Bulgaria Expects to Choose Builder of Gas Link to Romania in December

A contractor is expected to be selected in early December for the construction of a gas pipeline interconnection with Romania under the Danube river bed, Bulgaria’s Energy Minister Temenuzhka Petkova said on Friday.

Business » Energy | October 2, 2015, Friday // 18:19 | Viewed: 1941

AES Bulgaria Dismisses Suggestion of Unfair Play

AES Bulgaria, the local unit of  NYSE-listed AES Corporation has said it will provide all the necessary information to assist a possible inspection of alleged irregularities in the energy sector by the country’s Chief Prosecutor's Office as it had done in

Business » Energy | October 1, 2015, Thursday // 19:05 | Viewed: 2707

Power Distributor CEZ Bulgaria Welcomes New CEO

Karel Kral is the new CEO of power distributor CEZ Bulgaria EAD.

Business » Energy | October 1, 2015, Thursday // 13:40 | Viewed: 1456

Bulgaria’s Electricity Export Up 31.7% Y/Y in Jan-Sept

By end-September 2015, Bulgarian producers of electricity exported 8.42 million MWh, according to operational data of the Electricity System Operator (ESO).

Business » Energy | October 1, 2015, Thursday // 12:00 | Viewed: 1386

Employers’ Associations Report Irregularities in Bulgaria’s Energy Sector to Chief Prosecutor

The heads of four employers’ associations submitted tip-offs with the prosecuting authority for three types of irregularities in the energy sector.

Business » Energy | September 30, 2015, Wednesday // 16:55 | Viewed: 3560

Prices of Natural Gas, Heating in Bulgaria to Decrease from October 1

At its meeting on Wednesday, the Energy and Water Regulatory Commission (KEVR) adopted the planned increase of the prices of natural gas and heating from October 1.

Business » Energy | September 30, 2015, Wednesday // 14:05 | Viewed: 1396

Shell Awarded Oil, Gas Drilling Permit for Bulgaria’s Silistar Block 1-14

Shell Exploration and Production (LIX) B.V. has been awarded a permit for the prospection and exploration of oil and natural gas at Bulgaria’s Black Sea Silistar Block 1-14, according to an announcement of Energy Minister Temenuzhka Petkova.

Business » Energy | September 29, 2015, Tuesday // 13:49 | Viewed: 3588

Bulgaria’s Energy Exchange to Start Functioning in December at Earliest

The participants in a discussion on Bulgaria’s energy exchange agreed that legal amendments were to pave the way for a change of the model so that the full liberalization of the market was achieved by the beginning of 2016.

Business » Energy | September 29, 2015, Tuesday // 12:34 | Viewed: 3120

Bulgarian Energy Holding to Present Details about Launch of Electricity Exchange

The Bulgarian Energy Holding (BEH) will present Tuesday the possible launch date and the mechanism of functioning of the Bulgarian energy exchange.

Business » Energy | September 29, 2015, Tuesday // 10:05 | Viewed: 1327

Parliamentary Committee Deputy Chair: Power Rates Cannot Drop Thanks to System Reserves

Although businesses in Bulgaria cancelled a protest scheduled for September 30 due to an increase in electricity prices for industrial consumers, their demands for a road map for reform in the energy sector remain in place.

Business » Energy | September 28, 2015, Monday // 11:11 | Viewed: 4679

EU, Ukraine, Russia Agree on October-March Gas Supplies

Three-way talks involving the EU, Russia and Ukraine have ended with an agreement on the terms of gas supplies between October this year and March 2016, the EU Commission has said.

Business » Energy | September 26, 2015, Saturday // 11:44 | Viewed: 1407

Bulgarian Employers' Organisations Postpone Protest Against Electricity Prices

The Bulgarian employers' organisations are postponing the protest scheduled to take place on September 30 against the increase of the electricity prices.

Business » Energy | September 25, 2015, Friday // 08:54 | Viewed: 3460

Price of Natural Gas in Bulgaria to Drop by 14.26% as of October

Bulgaria’s energy watchdog has proposed a 14.

Business » Energy | September 24, 2015, Thursday // 00:07 | Viewed: 3953

Bulgaria’s Govt Is Preparing Full Energy Market Liberalization as of 2016

Bulgaria’s government is preparing the full liberalization of the energy market, which is expected to solve the financial problems of the sector and guarantee a fair price for household and industrial consumers, according to Energy Minister Temenuzhka Pet

Business » Energy | September 19, 2015, Saturday // 12:48 | Viewed: 2918

Enhancing Inter-Connectedness to Reduce Energy Prices in Balkan Countries

The prices of energy resources in all Balkan countries may drop if the national grids are connected, according to Damian Gjiknuri, President in Office of the Energy Community.

Business » Energy | September 19, 2015, Saturday // 11:29 | Viewed: 1750

Bulgaria’s Kozloduy NPP Reports 9-Month Profit of BGN 156 M

Bulgaria’s Kozloduy nuclear power plant has reported a profit of around BGN 156 M for the first nine months of the year, according to Dimitar Angelov, CEO of the N-plant.

Business » Energy | September 19, 2015, Saturday // 10:51 | Viewed: 1576

Bulgaria-Greece Link Key to Future Azeri Gas Transit to Europe, Tomislav Donchev Says

The diversification of sources and routes of Russian gas supplies to Bulgaria is vital, and in this aspect Azerbaijan can become an important partner for Bulgaria, the EU member country’s Deputy Prime Minister Tomislav Donchev has said.

Business » Energy | September 17, 2015, Thursday // 20:22 | Viewed: 2127

Bulgaria Extends Petroceltic’s Oil/Gas Exploration Permit for Galata Block

Bulgaria has extended a gas and oil exploration permit for Galata offshore block granted to Petroceltic until early September 2016, the government said on Wednesday.

Business » Energy | September 16, 2015, Wednesday // 16:25 | Viewed: 1976

Extension of Life of Unit 5 of Bulgaria’s Kozloduy NPP May Be Delayed by 1 Year

The process of extending the life of unit 5 of Bulgaria’s Kozloduy nuclear power plant may be delayed by a year, according to Bogomil Manchev, President of the Bulgarian Atomic Forum (BULATOM).

Business » Energy | September 16, 2015, Wednesday // 14:50 | Viewed: 1591