Energy Ministry

Inflation will start to fall in December, says Nebati

The increase in consumer prices will be lower in August, and inflation will start to ease in December, Treasury and Finance Minister Nureddin Nebati has said.

"We have not compromised on economic growth. That is why the fight against inflation is taking some time," Nebati said in a televised interview on Aug. 3.

Government to abolish some fees from electricity bills

The Turkish government has decided to remove two fees from consumers' electricity bills that will help millions of households spend less on power annually.

Two fixed payments, one is the TRT (state-run broadcaster) share and the other Energy Fund, will be eliminated from the bills, President Recep Tayyip Erdoğan announced on Nov. 8, following a cabinet meeting.

Bulgarian Energy Ministry Set to Help Businesses Affected by High Electricity Prices

The Energy Ministry and other government departments will prepare measures in support of businesses that have been put in a tight corner by the high electricity prices in recent months. This transpired after a meeting of Energy Minister Andrei Zhivkov with businesses representatives Friday.

Caretaker Energy Minister Wants to Dismiss Management of State Operator “Bulgartransgaz”

Energy Minister Andrei Zhivkov asked the Bulgarian Energy Holding (BEH) to remove the management of Bulgartransgaz after an inquiry by the Energy and Water Regulatory Commission (EWRC) confirmed Energy Ministry conclusions about ineffective management of the natural gas transmission company.

Energy Minister: EIB can finance up to 75 pct of Romanian eligible energy project costs

Romanian Energy Minister Virgil Popescu and counselor Niculae Havrilet had a working meeting today in Luxembourg with European Investment Bank (EIB) Vice President responsible for Romania, Christian Kettel Thomsen, with talks focusing on the increase in EIB's financial and technical support for investments in the Romanian energy sector and support for major projects in this field, the Energy Mi

EnerMin Popescu: Romania is officially member of International Energy Forum

Romania is officially a member of the International Energy Forum (IEF), the confirmation having been received Monday, the Energy minister Virgil Popescu wrote on Monday on his Facebook page. "Romania is officially member of the International Energy Forum (IEF)!

Outgoing Bulgaria’s Premier “Presented” Bulgarians with 24-Percent Natural Gas Price Rise

The right-hand man of Hristo Ivanov, MP of Democratic Bulgaria Hristo Mirchev, posted on his Facebook wall quite worrying news, given that the price of natural gas leads to price adjustments of almost everything. That is why the information that the "post-election" price of natural gas is jumping dramatically is, to put it mildly, alarming for Bulgarians in general.

ANRM: Romania's interest is in Black Sea natural gas investment to start in 2022, or deposits will devalue

 Romania's interest is for investment in the Neptune Deep field in the Black Sea to start in 2022, otherwise the natural gas there will lose its value, said on Thursday Director of the National Mineral Resources Agency (ANRM) Sorin Gal.

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