Turkish Energy Minister Taner Yildiz has described the Trans Anatolian Natural Gas Pipeline (TANAP) as a priority project for the country.
Bulgarian Energy Minister Temenuzhka Petkova said on Thursday that the planned gas interconnection grid with Greece is expected to become fully operational by 2018.
The development of plans for the construction of a Vertical Corridor connecting the gas grids of Bulgaria, Greece, and Romania has reached an advanced stage, according to Romanian authorities.
Bulgaria’s state-owned gas supplier Bulgargaz will propose a reduction in the price of natural gas in Q2, 2015 to the energy watchdog.
The Bulgarian government decided at its meeting on Wednesday to allocate further BGN 15 M for additional co-financing of energy effectiveness projects.
Bulgaria’s Energy Minister Temenuzhka Petkova will take part in the first meeting of the Consultative Council on the Southern Gas Corridor project.
Delyan Dobrev, head of Bulgaria’s parliamentary energy committee, has presented an upcoming tendering procedure for two Black Sea exploration blocks to representatives of Norwegian oil and gas company Statoil.
The USA is pointed out as the leader in world oil markets in the annual Medium-Term Oil Market report published by the International Energy Agency on Tuesday.
Bulgarian President Rosen Plevneliev said on Monday that the establishment of an EU Energy Union will bring the level of European political and economic integration to a new level.
Building a gas distribution centre in Bulgaria to serve South Eastern Europe and the EU would cost EUR 2.2 B, Prime Minister Boyko Borisov said on Monday.
Port Varna has registered a profit of over BGN 2 M for the past five months from the processing and storing of 65 tonnes of pipes earmarked for the offshore section of South Stream, according to Dimitar Atanasov, Chairman of the BoD of Port Varna.
Bulgaria is one of the most intensely interested EU countries in guaranteeing the security of energy supplies and achieving energy diversification, according to Bulgarian Prime Minister Boyko Borisov.
In an official press release, electricity distributing company CEZ has taken up the responsibility of improving the quality of the provided services in Lozen.
Close to 400 protesters from the Sofia village of Lozen gathered on Sunday to express their dissatisfaction with the services of CEZ electricity distribution company.
Unit 5 of Bulgaria’s Kozloduy nuclear power plant (NPP) was reconnected to the power grid late on Friday night.
Bulgaria will not launch new nuclear capacity in the next 10 years, according to a forecast of the Electricity System Operator (ESO).
The economic prognosis of the European Commission states that in case oil prices remain relatively low throughout the year, EU economy will be able to record a growth higher than the one expected for 2015.
Senior coalition partner GERB has tabled amendments to the Energy Act removing the preferential prices paid by state-owned energy utility NEK to buy electricity from new renewable energy sources.
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