Bulgarian Travel Abroad Surges: Turkey, Greece, and Romania Top Destinations
In March, there was a significant uptick in Bulgarians traveling abroad, marking a 19.1% increase from the previous year, amounting to 679.1 thousand trips
Natural gas, which Bulgargaz sells to final suppliers and customers, will be increased by 2.6% as of April 1, the Energy and Water Regulatory Commission decided. The price for the second quarter of the year will be BGN 361.82 per 1000 cubic meters or 34.04 BGN / MWh (excluding excise duty and VAT).
The value is determined on the basis of the submitted data and documents and after calculations according to the applied price model, explained by the Commission.
Bulgaraz asked to sell the blue fuel with 4.82% increase in price in the second quarter of the year. However, at the beginning of the week it became clear that the KEVR would not comply with the request and would impose a smaller increase of 2.6 per cent. The reason for this is that the company earned more that it should in 2017 from fuel prices.
The Working Group of the Energy and Water Regulatory Commission found that in 2017 Bulgargaz had realized revenues of BGN 5 284 583 more because of the fact that the gas price had exceeded the actual costs incurred.
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Bulgargaz, the leading public gas supplier in Bulgaria, anticipates a notable decrease in the price of natural gas for the upcoming month of May. According to Lyudmila Vitanova
Eurostat's latest findings have shed light on the shifting landscape of household energy prices in the European Union, with Bulgaria emerging as a frontrunner in affordability.
The Nuclear Regulatory Agency (NRA) has greenlit the phased transition to a new type of nuclear fuel for Unit 5 of Kozloduy Nuclear Power Plant (NPP), manufactured by Westinghouse
In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May
The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
Oil prices have surged due to renewed concerns about the Middle East conflict. Brent crude futures increased by 0.32% to 90.80 USD per barrel, while American WTI crude rose by 0.3% to 86.50 USD per barrel
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022