Ukrainian Community and Businesses Unite to Create Cultural Mural in Varna, Bulgaria
In Varna, Ukrainian business leaders and the diaspora have joined forces to create an ethnic mural celebrating the Day of Courage and the Bulgarian Army
The Energy and Water Regulatory Commission (EWRC) has approved the natural gas price in Bulgaria for May, setting it at 64.40 BGN per megawatt-hour (MWh), excluding fees for access, transmission, excise, and VAT. This marks a 14.22% decrease compared to the rate for April.
The pricing structure includes the full contracted volume of Azerbaijani natural gas delivered via the Bulgaria-Greece Interconnector (IGB), under a long-term agreement with Azerbaijan. These deliveries account for a substantial share of domestic consumption and contribute significantly to the formation of a more favorable price for the blue fuel.
In addition to Azerbaijani gas, Bulgargaz has also secured liquefied natural gas (LNG) for May. The supply was arranged through an auction that imposed minimum delivery price criteria and specified payment methods. These LNG volumes were acquired under existing contracts with various trading partners.
According to the regulator, the secured gas quantities are sufficient to meet Bulgargaz’s obligations for the month. This includes deliveries to end suppliers and district heating utilities, as well as bilateral agreements with industrial customers.
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
The liberalization of the electricity market for households — meaning that residential consumers would join the free electricity exchange where businesses have traded for years — is being postponed.
Turkey is advancing its energy strategy in the Balkans with new agreements aimed at deepening its influence in the region
Bulgaria is set to become the first European country to operate an AP1000 reactor, according to Energy Minister Zhecho Stankov, speaking at a symposium hosted by Westinghouse in Sofia
Bulgaria has taken a significant step toward exploring its deep-sea energy potential
The two nuclear reactors from Bulgaria's Belene Nuclear Power Plant will not be sold to Ukraine
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