War in Ukraine and Falling EU Demand Drive Bulgaria’s 2025 Export Decline
Bulgaria’s export sector continued to face challenges in 2025, marking the third consecutive year of decline
Energy Ministry
Bulgartransgas EAD and eustream a.s will work towards improving the security of natural gas deliveries in Central and Southeastern Europe and the implementation of the infrastructure projects – gas hub Balkan and gas pipeline Eastring, reported Bulgaria’s Energy Ministry.
This is envisaged in the Memorandum of Understanding signed on Friday by the Bulgarian and Slovakian gas grid operators in the presence of Energy Minister Temenuzhka Petkova.
Bulgartransgas and eustream will draft a concept for the development of the gas hub in Bulgaria in accordance with the Eastring project. The two parties will analyse and review in detail the technical options for the coordinated implementation of the two projects.
An agreement confirms the linkage between the two projects. The Eastring pipeline will serve as a priority western route for the intersystem linking of regional markets and gas hub Balkan.
In order to guarantee the security of gas deliveries in Central and Southeastern Europe, the memorandum envisages support for the inclusion of other countries interested in the two projects.
Outgoing Bulgarian Energy Minister Zhecho Stankov described the extension of the general license for Lukoil subsidiaries in Bulgaria until August 13 as more than a bureaucratic formality, calling it a key measure of economic stability for the country.
The United Kingdom has decided to extend the validity of the general license covering Lukoil’s subsidiaries operating in Bulgaria, the Ministry of Energy announced.
The initial drilling effort in the Han Asparuh block (offshore oil and gas exploration area) of the Bulgarian Black Sea, named Vineh-1, did not uncover significant natural gas reserves, according to Offshore-energy
Starting today, the Ministry of Energy and the Energy Regulatory Commission (EKVR) are conducting extraordinary inspections of electricity distribution companies and end suppliers,
In Bulgaria, fuel prices remain largely unchanged, with the international oil market continuing to respond to tensions between the United States and Iran.
Bulgaria is among the EU countries that experienced a notable drop in the use of renewable energy for heating and cooling in 2024, with the share declining by 1.9 percentage points compared to the previous year.
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