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Bulgaria’s Energy Minister Temenuzhka Petkova. Photo BGNES
A contractor is expected to be selected in early December for the construction of a gas pipeline interconnection with Romania under the Danube river bed, Bulgaria’s Energy Minister Temenuzhka Petkova said on Friday.
Bulgaria’s gas pipeline operator Bulgartransgaz invited bids for the construction of a gas interconnector with Romania including a section under the Danube on September 16. The deadline for submitting bids will expire on October 16.
A contractor is expected to be selected in early December 2015 if the submitted offers meet the requirements of the public procurement tender and no appeals are filed against the ranking of the bids and the naming of the successful candidate, Petkova told parliament.
The project for the construction of a gas interconnection between Bulgaria and Romania is being implemented jointly by the gas transmission operators of the two neighbouring countries - Bulgartransgaz and Transgaz.
The two companies have been granted up to EUR 8.9 M for project financing under the European Energy Programme for Recovery (EEPR).
Bulgaria’s fuel market has recorded a sharp upward shift since the outbreak of the war in Iran, with diesel and petrol prices rising significantly across the country
The second exploration drilling in the Krum-1 area of the Khan Asparuh block in Bulgaria’s Black Sea has also failed to identify commercially significant natural gas deposits, according to OMV Petrom
The Ombudswoman institution has voiced strong opposition to the proposed increase in heating prices in Sofia, which is expected to approach nearly 30 percent
The Energy and Water Regulatory Commission (EWRC) in Bulgaria has set the price of natural gas for April 2026 at 34.27 euros per megawatt-hour, excluding access, transmission, excise duties and VAT
Fuel prices in Bulgaria have recorded a sharp upward movement over the past month, with diesel showing the most significant increase, according to data from the Fuelo platform
Bulgargaz has defended its previously submitted proposal for a 5% rise in natural gas prices for April before the Energy and Water Regulatory Commission, with CEO Veselin Sinabov stressing that there is currently no justification for any further increases
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