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Business » Energy

Construction Of Offshore Part Of South Stream To Start In November

The laying of pipes on the bottom of Black Sea for the South Stream gas pipeline starts in November, said the spokesperson of South Stream Transport Jasper Jansen, quoted by the BTA wire service.

Business » Energy | September 26, 2014, Friday // 11:26 | Viewed: 1411

Industrial Electricity Prices in Bulgaria Are 20-30% Higher than in Greece - BFIEC

Electricity prices for the industry in Bulgaria are 20-30% higher than in Greece, which imports electricity from Bulgaria, according to Konstantin Stamenov from the Bulgarian Federation of Industrial Energy Consumers (BFIEC).

Business » Energy | September 25, 2014, Thursday // 15:50 | Viewed: 1127

NEK Expects Additional BGN 1 B Deficit

Bulgaria's National Electricity Company (NEK) expects a BGN 1 B deficit for the current regulation period, said the company's Ventsislav Markov at a session of the energy watchdog DKEVR.

Business » Energy | September 25, 2014, Thursday // 12:03 | Viewed: 892

Ukraine's Foreign Minister: Gas Transit To Bulgaria Not In Danger

Ukraine's Foreign Minister Pavlo Klimkin assured his Bulgarian counterpart Daniel Mitov, that the gas transit from Russa is not jeopardised, said Bulgaria's Foreign Ministry in a press statement.

Business » Energy | September 24, 2014, Wednesday // 17:00 | Viewed: 1122

Expansion of Bulgaria’s Chiren Gas Depot to Cost EUR 200 M

The expansion of Bulgaria’s Chiren underground gas depot will cost around EUR 200 M, according to Kiril Temelkov, CEO of state-owned gas transmission operator Bulgartransgaz.

Business » Energy | September 24, 2014, Wednesday // 08:25 | Viewed: 1006

Power Price Hike to Inject BGN 200 M into State-Owned Eclectic Co

A power price hike will help inject slightly over BGN 200 M into the National Electric Company (NEK), while its losses are expected to reach BGN 1 B over the next year, according to Bulgaria’s caretaker Minister of Economy and Energy.

Business » Energy | September 23, 2014, Tuesday // 14:41 | Viewed: 3775

Gas Crisis Scenario Is Very Likely - Bulgaria’s Caretaker Energy Minister

Bulgaria’s caretaker Minister of Economy and Energy Vasil Shtonov has suggested that a new gas crisis is very likely.

Business » Energy | September 23, 2014, Tuesday // 12:16 | Viewed: 1274

Bulgaria's State Watchdog to Discuss Gas Price Hike

An increase in gas prices from October 1 is to dominate the energy regulator DKEVR's agenda on Tuesday.

Business » Energy | September 23, 2014, Tuesday // 07:45 | Viewed: 840

Residents of Bulgaria’s Smolyan Protest Biomass-Fired Power Plant Project

Residents of the southern Bulgarian city of Smolyan have staged a brief road block to oppose plans to build a biomass-fired thermal power plant.

Business » Energy | September 22, 2014, Monday // 18:40 | Viewed: 3345

EU Ready to Discuss South Stream at Trilateral Gas Talks on Sept 26

The European Commission is ready to discuss the South Stream gas pipeline project at the trilateral meeting of the EU, Russia and Ukraine on September 26 in Berlin, according to Marlene Holzner, Spokesperson for the EU Energy Commissioner.

Business » Energy | September 22, 2014, Monday // 17:23 | Viewed: 1019

European Underground Gas Depots 91.37% Full by Sept 21

A total of 4.88 billion cubic meters of gas was injected in European underground gas depots in the first three weeks of September, according to data of the Association of the European operators of underground gas storages (GSE).

Business » Energy | September 22, 2014, Monday // 13:32 | Viewed: 771

Former CEO of Kozloduy NPP: Bulgaria Needs Energy Strategy by 2050

Yordan Yordanov, former CEO of Bulgaria’s Kozloduy Nuclear Power Plant, has underscored the need to adopt a national strategy for the development of the energy sector in the period 2030-2050.

Business » Energy | September 21, 2014, Sunday // 14:00 | Viewed: 1194

Bulgaria, Azerbaijan Sign 2 Agreements on Gas Projects

Bulgaria and Azerbaijan have signed two gas cooperation agreements, according to a media statement of the Ministry of Economy and Energy.

Business » Energy | September 21, 2014, Sunday // 10:33 | Viewed: 3686

Plevneliev: Southern Gas Corridor Will Boost Europe’s Energy Security

Finding alternative gas suppliers and routes has become a matter of national security and key priority for Europe, Bulgaria’s President Rosen Plevneliev has said in Azerbaijan.

Business » Energy | September 20, 2014, Saturday // 11:54 | Viewed: 1544

Bulgaria Energy Watchdog Proposes 9.8% Rise in Power Prices

Bulgaria’s energy regulator on Friday proposed to raise power prices for households by 9.

Business » Energy | September 19, 2014, Friday // 21:31 | Viewed: 1451

Burgas Miners End Strike

Coal miners’ striking at an underground pit near Burgas over wage arrears have ended their protest action, state-run Bulgarian National Radio reported on Friday.

Business » Energy | September 19, 2014, Friday // 18:39 | Viewed: 3304

Bulgaria’s Kozloduy NPP Doubled Profits in 8 Months – Former CEO

Ivan Genov, former CEO of Bulgaria’s Kozloduy Nuclear Power Plant, has insisted that he leaves the N-plant in very good condition.

Business » Energy | September 19, 2014, Friday // 17:49 | Viewed: 2922

2 Miners Participating in Underground Strike Taken to Hospital

Two of the miners taking part in an underground strike at the Burgas-based Cherno More Mine (Mina Cherno More Burgas EAD) have been taken to hospital, according to a trade union representative.

Business » Energy | September 19, 2014, Friday // 14:39 | Viewed: 3148

Economy Ministry Denies NEK's Blame for Miners' Delayed Salaries

Bulgaria's National Electricity Company (NEK) paid 2.

Business » Energy | September 19, 2014, Friday // 12:54 | Viewed: 912

Bobov Dol Miners Join Strike of Colleagues in Burgas

Workers at the Bobov Dol coal mine have announced they will also hold a strike, the Bulgarian National Radio has reported.

Business » Energy | September 19, 2014, Friday // 11:43 | Viewed: 826

Kozloduy CEO 'Dismissed for Being Expert'

Discharged Kozloduy NPP Chief Executive Ivan Genov has explained the move with lack of political affiliation.

Business » Energy | September 19, 2014, Friday // 09:05 | Viewed: 1121