The Power of Knowledge Lies in Its Use
Dr. Boyko Takov: Analytical and empirical results from ongoing projects constitute a solid information base
HOT: » Which party would you vote for (if you could) in the upcoming snap vote in Bulgaria on April 19?
pixabay.com
,,Only in case of diversification of natural gas supplies we can talk about competition and create conditions for market liberalization’’, Energy Minister Temenuzhka Petkova said at a round table in the National Assembly, where the concept of the Balkan gas hub was presented.
,,For this diversification, it is necessary to establish infrastructure links with the countries in the region and on the energy exchange, which will give us security and competitive prices of energy, respectively - a competitive economy’’, Petkova said.
,,At the Ministry of Energy, we fully support the initiative to create a natural gas exchange and we will help with all our expertise’’, said Temenuzhka Petkova.
,,With the gradual development of the liberalization of the natural gas market, the role of the energy regulator is increasing’’, said Ivan Ivanov, Chairman of the Energy and Water Regulatory Commission.
,,KEVR is committed to issuing a license to the stock exchange operator, including the gas trading platform. The right solution is to borrow a trading platform from a serious trader, as a good option is the European-wide Baumgarten Natural Gas Platform, Austria’’, Ivan Ivanov said.
,,KEVR will also approve measures to control liquidity, to prevent market abuse and leakage of inside information from the stock exchange’’, he added.
Speaker Valery Simeonov asked for more specific information about the natural gas sources and why the location of the Balkan gas hub is not chosen in southern Bulgaria, where the construction will be much less.
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
Aniventure Comic Con Returns to Bulgaria with Star Guest Christopher Judge!
Global Fuel Shock: Oil Jumps Over 40% Since Iran War Began