Ivan Ivanov

As of next year, there might be an increase in the price of natural gas but it will be below 10% and will not affect the price of heating and hot water, stated the chairman of the energy regulator Ivan Ivanov.

Reformist Bloc deputies Grozdan Karadjov, Petar Slavov and Ivan Ivanov have submitted a draft bill for amendments and supplements to the Electoral Code.

The urgent revision of the election rules is necessary due to the controversial interpretation of the "I do not support anybody" ballots.

As of October 1, 2016, the price of natural gas will increase by less than 3.2%, which means that the prices of hot water and heating will remain unchanged, stated the Chairman of the Energy and Water Regulatory Commission Ivan Ivanov.

"There will not be an increase in the prices of heating and hot water, even if a proposal for a slight increase in the price of natural gas is received by October, 1," stated the Chairman of the Energy and Water Regulatory Commission, Ivan Ivanov.  

Bulgaria's energy regulator plans to treble the price of electricity paid in cases of power theft and also increase the period, for which the penalty tariff is applied retroactively.

The price of natural gas in Bulgaria is expected to fall by about one-fifth from the beginning of April, reflecting a sustained decline in global oil prices, the head of the country's energy regulator has forecast.

Bulgaria relies almost entirely on imports of Russian gas to meet its needs.

The Energy and Water Regulatory Commission (KEVR) announced on Wednesday that it is launching an inspection into Bulgaria's largest gas company Overgas.

The extraordinary inspection will examine the implementation of the company's licence obligations and the financial state of Overgas.

The Energy and Water Regulatory Commission (KEVR) of Bulgaria has adopted a decision to cut price of natural gas for consumers.

State-owned gas supplier Bulgargaz earlier in December proposed the price should be slashed by 2.1%.

KEVR itself, however, believes the decrease should amount to 2.3%.

Bulgaria's energy legislation needs urgent amendments early next year amid steps to liberalize the energy market, the chief of the energy watchdog has said.

Ivan Ivanov, who heads the country's Commission for Energy and Water Regulation (KEVR), has made his comments during a hearing in Parliament, ahead of the first test launch of the energy exchange in Sofia.

French company Engie and US-based Cheniere have confirmed they are interested in importing natural gas to Bulgaria starting in 2016, a specialized energy website has announced