Russian Drone Strikes Ravage Ukraine
Russian forces have launched a devastating drone attack across the entirety of Ukraine, leaving a trail of destruction and casualties in its wake
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
Russian energy giant Gazprom would not agree to a new gas supplies contract with Bulgaria eliminating middlemen until all existing arrangements have been fulfilled.
This was announced Wednesday by the CEO of Gazprom, Alexander Medvedev, during a press conference in Russia's capital Moscow.
In Medvedev's words, Bulgaria's state-owned gas monopoly Bulgargaz, and Gazprom were continuing the talks for eliminating the intermediaries in their trading relations. The matter was discussed during the meeting of the top managers of the two companies in Moscow, the Bulgarian National Radio reported.
The Gazprom CEO, however, was positive that Bulgaria could get a new contract for Russia natural gas supplies only after all commitments that were presently in force were completely realized.
Medvedev also said that the consumption of Russian natural gas in Europe had declined by 11% since the beginning of 2009 compared to the same period of 2008.
In his words, the drop is significant but is not "dramatic", and in the recent months there has been a trend of rising European demand for Russia gas.
According to Gazprom's estimates, the average price of Russian gas in Europe in 2009 will be about USD 280 per 1000 cubic meters. This is about the 2007 price level compared to the 2008 when the average price went above USD 400 per 1000 cubic meters.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament
Natural gas prices in Europe experienced a significant spike, surpassing 2% to reach 29 euros per megawatt-hour (MWh) on Monday
Amidst Ukraine's urgent need for additional power sources following the closure of the Russian-controlled Zaporizhzhia nuclear power plant
Bulgarian lawmakers have taken a significant step toward bolstering the nation's energy infrastructure by advancing cooperation with the United States for the construction of Units 7 and 8 at the Kozloduy Nuclear Power Plant
The Bulgarian Parliament has ratified the Agreement between the Government of the Republic of Bulgaria and the Government of the United States on cooperation regarding the construction of nuclear power at the Kozloduy Nuclear Power Plant
During a forum in Alexandroupolis, US Assistant Secretary of State for Energy, Jeffrey Payatt, highlighted the significance of a gas pipeline project through Bulgaria as the next pivotal step for energy development in the region
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022