More than BGN 14 million Illegally Spent by the Electricity System Operator
A check by the State Financial Inspection Agency found that more than BGN 500,000 were missing from the Bulgarian Academy of Sciences and the Municipality of Burgas.
Electricity exports from Bulgaria to neighbouring countries will continue as of 01:00 local time (EET) on February 09, the Energy Ministry says.
The flow of electricity abroad was brought to a halt on January 13 amid low temperatures that had put a strain on the electricity grid of the country.
The Electricity System Operator (ESO) of Bulgaria now says the system will not be impacted by the new cold snap expected later this week.
ESO believes its energy reserves, including those generated from coal and the levels of dam water, are enough for the energy system to function properly.
It does not foresee for electricity consumption to surpass 7000 MWh. In the coldest days, consumption in January was around 7700 MWh.
Greece has taken its first concrete step toward building a hydrogen corridor to Central Europe, with the national gas transmission operator DESFA launching a tender for the development of a new pipeline project
Energy Minister Zhecho Stankov sharply criticized the contract Bulgaria signed with the Turkish gas company Botas
Westinghouse Electric Company has strengthened its Bulgarian supply chain for the Kozloduy AP1000® project, signing memoranda of understanding with seven Bulgarian companie
The European Bank for Reconstruction and Development (EBRD) has invested €50 million in the first bond issuance by Bulgaria's Eastern Europe Electric Company (EEEC)
Turkey has significantly increased its natural gas exports, with a notable surge driven by the development of the Sakarya gas field in the Black Sea
Elliott Investment Management, led by billionaire Paul Singer, is exploring the possibility of acquiring a stake in a set of Bulgarian infrastructure assets, which includes a key extension of the TurkStream gas pipeline
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase