Bulgaria: Consumer Protection Commission Reports Surge in Complaints After Euro Adoption
Just two weeks after Bulgaria officially adopted the euro, the Consumer Protection Commission (CPCo) is handling an unprecedented volume of consumer reports.
Bulgaria will receive a postponement of the embargo on Russian oil until June or December 2024, Bloomberg reported, citing a revised draft of sanctions.
According to people familiar with the matter, the European Commission sent a revised proposal to the governments on Saturday, which excludes from the sanctions the supply of oil through the Druzhba oil pipeline, which is the main source of crude oil imports in Hungary.
The proposal will give more time to the opposing country a technical solution to meet its energy needs. It will also address the concerns of other landlocked countries, including Slovakia and the Czech Republic, Bloomberg reports.
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Bulgaria is set to take an active role in oil and gas exploration in the Black Sea, joining forces with international energy companies OMV and NewMed, outgoing Energy Minister Zhecho Stankov announced
American energy companies Chevron and Quantum Capital Group are reportedly preparing a USD22 billion bid to acquire the sanctioned Russian oil giant Lukoil
The first shipment of liquefied natural gas from the United States intended for Bulgaria in 2026 has already reached the LNG terminal in Alexandroupolis
From today, January 1, 2026, natural gas in Bulgaria becomes 3.3 percent cheaper, with the new price set at 31.15 euros, or approximately 61 leva, per megawatt-hour,
Bulgargaz has submitted a proposal for the price of natural gas in January, setting it at 60.93 BGN per MWh, which equals 31.15 EUR per MWh, excluding charges for access, transmission, excise duties, and VAT.
The upcoming year promises to be decisive for Bulgaria’s energy sector, determining whether the country will secure a strong position within Europe’s evolving energy and industrial framework or remain on the periphery
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