Borissov-Linked Company Seeks to Acquire Gazprom Stations in Bulgaria?
According to the opposition political party "Revival", Gazprom is in the process of selling its network of gas stations in Bulgaria
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The European Commission says its probe into anti-competitive practices by Russian energy giant Gazprom in Central and Eastern Europe includes the company's activity in Bulgaria.
Last week, Gazprom and Bulgaria's National Energy Holding have come to an agreement on important construction and technological details of the Bulgarian section of the South Stream gas pipeline.
As EUobserver has pointed out, South Stream is Russia's answer to Nabucco, an EU-backed pipeline scheme to end Russia's monopoly on Caspian-Sea-region exports and increase the diversification of gas supplies.
On Wednesday, the European Commission's energy spokeswoman, Marlene Holzner told a briefing in Brussels that if the Bulgarian deal violates EU law the commission can launch "infringement proceedings" to get it changed.
Gazprom's activity in the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland and Slovakia will be also probed, Commission spokesman Antoine Colombani revealed during the same briefing.
"This is an investigation into a company [Gazprom] and its relations with other companies ... We do not deal with member states directly," Colombani noted, as cited by EUobserver.
The initial drilling effort in the Han Asparuh block (offshore oil and gas exploration area) of the Bulgarian Black Sea, named Vineh-1, did not uncover significant natural gas reserves, according to Offshore-energy
Starting today, the Ministry of Energy and the Energy Regulatory Commission (EKVR) are conducting extraordinary inspections of electricity distribution companies and end suppliers,
In Bulgaria, fuel prices remain largely unchanged, with the international oil market continuing to respond to tensions between the United States and Iran.
Bulgaria is among the EU countries that experienced a notable drop in the use of renewable energy for heating and cooling in 2024, with the share declining by 1.9 percentage points compared to the previous year.
Russia’s oil giant Lukoil, which is under U.
Bulgaria and the United States have agreed to step up cooperation in the energy sector by setting up a joint expert structure to work on priority projects of shared strategic importance.
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