Easter Monday in Bulgaria: Tradition and Family Visits
Orthodox Easter Monday is the day following Easter Sunday and is observed across Bulgaria as part of the wider Easter celebration within the Orthodox Christian tradition
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Photo credit: gis@government.bg
The Noble Globetrotter II will start drilling for oil and gas in the Black Sea block of Khan Asparuh off Bulgaria’s coast early next month, Total's General Manager for Bulgaria, Xavier Faugeras, has announced.
On Tuesday, Faugeras presented the exploration vessel at the Port of Burgas before leaving to the Port of Varna. From there the ship will proceed on Friday to the Khan Asparuh block to start drilling at water depths of 200 meters.
Initial seismic surveys related to the Khan Asparuh block as well as at the Silistar block are quite optimistic, Bulgaria’s Energy Minister Temenuzhka Petkova has said.
She based her optimism on the discovery of deposits of 84 billion cubic meters of natural gas in a neighbouring block in which Romania has been prospecting for hydrocarbons.
Exploration for oil and gas at Khan Asparuh would continue four or five months, Petkova said.
Bulgaria hopes to decrease its almost total dependence on gas imports from Russia if commercial deposits of hydrocarbons are discovered at the Bulgarian offshore blocks in the Black Sea.
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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