Radoslav Ribarski
Bulgargaz Loses 27% Market Share Due to Contract with 'Botas
Bulgaria's state-owned energy company, "Bulgargaz," has suffered a significant setback, losing 27% of its market share as a result of a contract with the Turkish company "Botas." The contract, negotiated by the caretaker government, has raised concerns about its financial implications and the utilization of resources.
Parliament decided: Thermal Power Plants will Operate without Restrictions until 2038. Bulgaria may Lose a lot of Money
The thermal power plants will operate without restrictions until 2038, and Bulgaria is abandoning its commitment to reduce carbon emissions by 40% by the end of 2025.
The general draft decision of the energy parliamentary committee passed in the hall with 187 votes "in favor", 2 "against" (WCC) and 9 "abstentions" (5 from DB and 4 from WCC).
Natural Gas Prices in Bulgaria will Rise by 25% in April
Natural gas prices will rise by more than 25% in April, the Energy and Water Regulatory Commission (EWRC) decided in the late afternoon yesterday. The main reason is the increase in supply prices on international markets. Due to another increase in the price of gas, the price of heating and hot water will increase, but from May.