Bulgargaz Forecasts 5-6% Dip in Natural Gas Prices for May
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
Just ten days after visiting Moscow to secure funding for Belene nuclear power plant, the energy minister will be heading for the Russian capital again.
The visit of Petar Dimitrov, whose official aim is the preparation of the upcoming meeting of the Bulgarian-Russian intergovernmental commission, is believed to highlight important energy issues, such as Bulgaria's contract with Russian energy giant Gazprom and the construction of Belene nuclear power plant.
Bulgaria's state gas monopoly Bulgargaz has recently announced they are not ready with a new draft contract with Gazprom, which makes highly unlikely the negotiation of new conditions before the term of the current government expires this summer.
The Bulgarian government is however expected to complete talks for Russian funding for the planned EUR 4,0 B nuclear power plant at Belene. The government chose last year German power utility RWE to become a strategic partner in the Belene project with a stake of 49%. State power utility NEK has a majority stake in the plant.
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The Kozloduy Nuclear Power Plant (NPP) in Bulgaria is set to embark on a significant transition as it begins the process of replacing Russian nuclear fuel with American fuel from Westinghouse
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
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Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022