Sofia Mayor Addresses Criticism: Emphasizes Transparency and Teamwork in City Leadership
Sofia's Mayor Vasil Terziev responded to recent criticism from "Spasi Sofia" (Save Sofia) stating that each election period creates a "time of division"
Bulgaria's state gas supply company, "Bulgargaz," has once again blocked all accounts belonging to the municipal heating company, "Toplofikatsia Sofia" (Heating Systems Sofia). This development was initially reported by" Focus" media, citing reliable sources, and later confirmed by BNT.
This marks the first time such action has been taken by Bulgargaz, despite numerous letters regarding overdue payments linked to a natural gas supply contract. In 2022, the Energy and Water Regulation Commission (EWRC) conducted an inspection in response to the situation.
In April 2024, the caretaker government declined to absorb the 1.6 billion leva debts owed by "Toplofikatsia Sofia," primarily to the Bulgarian Energy Holding. The state holding had previously intervened to support the municipal heating service, and each time Bulgargaz threatened legal action or account blockages, funds were provided, which were never recouped.
This ongoing situation poses a serious risk for residents of Sofia, who may face heating shortages as the heating season approaches.
The owner of the Burgas-based oil refinery, Lukoil Neftohim, through its parent company Litasco
Russian energy giant Lukoil has announced plans to sell its largest asset in the Balkans
On November 5, 2024, Westinghouse Electric Company, Hyundai Engineering & Construction Co., and "Kozloduy NPP - New Powers" EAD signed a contract in Sofia to initiate engineering services
An engineering contract for the construction of new nuclear facilities at Site No. 2 of the Kozloduy Nuclear Power Plant is set to be signed today with Hyundai and Westinghouse
Bulgaria’s Energy and Water Regulatory Commission (EWRC) has set the November price of natural gas at 68.69 leva per megawatt-hour
In the first half of 2024, household electricity and natural gas prices in Bulgaria ranked among the lowest in the European Union,
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