More than BGN 14 million Illegally Spent by the Electricity System Operator
A check by the State Financial Inspection Agency found that more than BGN 500,000 were missing from the Bulgarian Academy of Sciences and the Municipality of Burgas.
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File photo, BGNES
Electricity exports from Bulgaria to neighbouring countries will continue as of 01:00 local time (EET) on February 09, the Energy Ministry says.
The flow of electricity abroad was brought to a halt on January 13 amid low temperatures that had put a strain on the electricity grid of the country.
The Electricity System Operator (ESO) of Bulgaria now says the system will not be impacted by the new cold snap expected later this week.
ESO believes its energy reserves, including those generated from coal and the levels of dam water, are enough for the energy system to function properly.
It does not foresee for electricity consumption to surpass 7000 MWh. In the coldest days, consumption in January was around 7700 MWh.
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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