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Russia's Energy Minister, Sergey Shmatko, represents Russia at the Sofia Energy Forum “Natural Gas for Europe.” Photo by Sofia Photo Agency
Russia's Energy Minister, Sergey Shmatko, declared Saturday that gas prices of the "South Stream" line would be lower than those of "Nabucco".
Shmatko represents Russia at the Sofia Energy Forum "Natural Gas for Europe."
Despite the declaration, Shmatko stressed "South Stream" was not a competitor of "Nabucco", but pointed out "Nabucco" still had pending questions and no answers about the price of gas for European consumers and the delivery route.
Prime Minister Boyko Borissov, who officially opened the extension of the Balkan Stream to our territory near Strandzha, continued the tour along the gas pipeline route and arrived in Knezha, where its northern part from Provadia to the Serbian border is
''I am waiting for a letter from the European Commission on whether they will allow me or not to start negotiations for a direct pipeline from Turkish Stream to Bulgaria‘‘, Prime Minister Boyko Borisov said at the annual meeting of Bulgarian ambassadors,
At the end of last week Russia’s energy giant Gazprom started the actual construction of the Turkish Steam gas pipeline after Russian President Vladimir Putin gave green light to that project, quoted by BNR.
Moscow's Ambassador to Sofia has said Russia stands ready to renew construction of abandoned Belene nuclear power plant (NPP) project, but may also draw in an investor to work on it.
Hungary's Foreign Minister has argued the abandoned South Stream gas pipeline project could be revisited following the early election in Bulgaria next month.
Bulgaria is seeking to take in part of the Ukrainian gas transit, the head of an influential private-sector engineering organization has said.
Bulgaria’s fuel market has recorded a sharp upward shift since the outbreak of the war in Iran, with diesel and petrol prices rising significantly across the country
The second exploration drilling in the Krum-1 area of the Khan Asparuh block in Bulgaria’s Black Sea has also failed to identify commercially significant natural gas deposits, according to OMV Petrom
The Ombudswoman institution has voiced strong opposition to the proposed increase in heating prices in Sofia, which is expected to approach nearly 30 percent
The Energy and Water Regulatory Commission (EWRC) in Bulgaria has set the price of natural gas for April 2026 at 34.27 euros per megawatt-hour, excluding access, transmission, excise duties and VAT
Fuel prices in Bulgaria have recorded a sharp upward movement over the past month, with diesel showing the most significant increase, according to data from the Fuelo platform
Bulgargaz has defended its previously submitted proposal for a 5% rise in natural gas prices for April before the Energy and Water Regulatory Commission, with CEO Veselin Sinabov stressing that there is currently no justification for any further increases
Aniventure Comic Con Returns to Bulgaria with Star Guest Christopher Judge!
Global Fuel Shock: Oil Jumps Over 40% Since Iran War Began
