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Bulgaria's state gas supply company, "Bulgargaz," has once again blocked all accounts belonging to the municipal heating company, "Toplofikatsia Sofia" (Heating Systems Sofia). This development was initially reported by" Focus" media, citing reliable sources, and later confirmed by BNT.
This marks the first time such action has been taken by Bulgargaz, despite numerous letters regarding overdue payments linked to a natural gas supply contract. In 2022, the Energy and Water Regulation Commission (EWRC) conducted an inspection in response to the situation.
In April 2024, the caretaker government declined to absorb the 1.6 billion leva debts owed by "Toplofikatsia Sofia," primarily to the Bulgarian Energy Holding. The state holding had previously intervened to support the municipal heating service, and each time Bulgargaz threatened legal action or account blockages, funds were provided, which were never recouped.
This ongoing situation poses a serious risk for residents of Sofia, who may face heating shortages as the heating season approaches.
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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