Bulgaria Weather Update: Light Winds and Temperatures Ranging from -4°C to 12°C
The weather in Bulgaria on February 14 is expected to be cloudy with light winds
Bulgaria’s energy regulator KEVR has endorsed a proposal by gas utility Bulgargaz to cut gas price for end suppliers by 9.97% for the third quarter.
The new price would be BGN 281.08 (EUR 143.71) per 1,000 cubic meters, free of VAT and excise, KEVR said in a statement on Tuesday.
The cut in the price is equivalent to BGN 31.13 per 1,000 cubic meters.
End suppliers will sell gas to end consumers connected to the low-pressure network of transmission operator Bulgartransgaz for BGN 288.80 per 1,000 cubic meters, free of VAT and excise, in the third quarter.
Bulgargaz had proposed to cut gas price by 9.97% for the third quarter of 2016 citing an expecred drop in the price of gas supplies. Natural gas price in Bulgaria has been cut by 48% since the start of the 2016.
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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