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.
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.
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.
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.
Bulgaria’s caretaker Minister of Economy and Energy Vasil Shtonov has suggested that a new gas crisis is very likely.
An increase in gas prices from October 1 is to dominate the energy regulator DKEVR's agenda on Tuesday.
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.
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.
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).
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.
Bulgaria and Azerbaijan have signed two gas cooperation agreements, according to a media statement of the Ministry of Economy and Energy.
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.
Bulgaria’s energy regulator on Friday proposed to raise power prices for households by 9.
Ivan Genov, former CEO of Bulgaria’s Kozloduy Nuclear Power Plant, has insisted that he leaves the N-plant in very good condition.
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.
Bulgaria's National Electricity Company (NEK) paid 2.
Workers at the Bobov Dol coal mine have announced they will also hold a strike, the Bulgarian National Radio has reported.
Workers at Burgas-based Cherno More mine have spent more than 30 hours in the pit in protest over unpaid salaries.
Bulgarian President Rosen Plevneliev will pay a two-day working visit to Baku.
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