The National Assembly Voted at First Reading the Law on Energy
The National Assembly voted at first reading the Energy Act, which switches from a regulated to a free gas market, by creating an independent gas exchange.
Bulgarian Energy Minister Dragomir Stoynev and EU Energy Commissioner Gunther Oettinger discussed the South Stream gas pipeline project at a meeting on Thursday morning.
The two arranged a new meeting in the coming weeks, according to reports of the Bulgarian National Radio (BNR).
The commissioner's office informed that the next meeting was certain to take place before the second reading of the amendments to the Bulgarian Energy Act envisaging the exclusion of sections of the South Stream gas pipeline from the scope of the EU's Third Energy Package.
Sabine Berger, Spokesperson for Oettinger, informed that the topic had figured prominently in the agenda of Thursday's meeting with Stoynev, adding that the talks would continue at a technical meeting between experts from Bulgaria and the European Commission.
Berger noted that another technical meeting would revolve around the problem with the permits of the power distributors operating in Bulgaria, adding that the matter had also been mentioned during the meeting of Oettinger and Stoynev on April 24.
Oettinger did not come up with a statement after the meeting. Bulgaria's Economy and Energy Minister is expected to present the outcome of the talks later on Thursday.
Ukraine's parliament, the Verkhovna Rada, has passed a law allowing the purchase of two Russian-made nuclear reactors originally intended for Bulgaria's Belene Nuclear Power Plant
Ukraine's parliament has given the green light for the acquisition of two nuclear reactors initially intended for Bulgaria's Belene Nuclear Power Plant (NPP)
For the ninth consecutive year (excluding 2022), the electrical industry remains the largest contributor to Bulgaria's exports, as reported by the Bulgarian Association of Electrical Engineering and Electronics (BASEL)
European natural gas prices have climbed above €55 per megawatt-hour for the first time in 16 months, driven by colder temperatures across the continent that are increasing demand for heating fuel
Serbian oil and gas company NIS, controlled by Russia’s Gazprom, is considering exiting its operations in Bulgaria and Romania due to ongoing difficulties in both markets
The Russian company Lukoil initiated the process of selling its Bulgarian assets in June last year, Prime Minister Rosen Zhelyazkov announced during a parliamentary hearing
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