Bulgaria: Consumer Protection Commission Reports Surge in Complaints After Euro Adoption
Just two weeks after Bulgaria officially adopted the euro, the Consumer Protection Commission (CPCo) is handling an unprecedented volume of consumer reports.
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 is set to take an active role in oil and gas exploration in the Black Sea, joining forces with international energy companies OMV and NewMed, outgoing Energy Minister Zhecho Stankov announced
American energy companies Chevron and Quantum Capital Group are reportedly preparing a USD22 billion bid to acquire the sanctioned Russian oil giant Lukoil
The first shipment of liquefied natural gas from the United States intended for Bulgaria in 2026 has already reached the LNG terminal in Alexandroupolis
From today, January 1, 2026, natural gas in Bulgaria becomes 3.3 percent cheaper, with the new price set at 31.15 euros, or approximately 61 leva, per megawatt-hour,
Bulgargaz has submitted a proposal for the price of natural gas in January, setting it at 60.93 BGN per MWh, which equals 31.15 EUR per MWh, excluding charges for access, transmission, excise duties, and VAT.
The upcoming year promises to be decisive for Bulgaria’s energy sector, determining whether the country will secure a strong position within Europe’s evolving energy and industrial framework or remain on the periphery
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