Fuels

Bulgaria will Sign a Contract for the Design of New Gas Interconnector with Serbia

Bulgaria will sign a contract for the design of a new gas interconnector with Serbia, it became clear during a regional energy meeting in Sofia.

It was attended by the Ministers of Energy of Bulgaria, Greece, Romania, Turkey, Azerbaijan, Ukraine and North Macedonia.

The key topic of discussion during the meeting was energy security and independence of the whole region.

Bulgaria: Forecast of 35% more Expensive Gas in May

The price of gas in May in Bulgaria will be equal to that on European stock exchanges. There, blue fuel is traded for about 100 euros, which means that the increase will be about 35% in May compared to the price in April. This forecast was made by the Energy and Water Regulatory Commission (EWRC) Chairman Stanislav Todorov during the open meeting of the regulator on Friday.

Bulgaria will not Succumb to Extortion and will not Pay for Gas in Rubles

"The government is prepared for the scenario of stopping the supply of Russian natural gas to Bulgaria, and for its part is currently reviewing the contract for transit through our country." This was announced by Prime Minister Kiril Petkov to the ministers and he declared that Bulgaria will not succumb to racketeering and blackmail to pay for natural gas in rubles, while at the same t

Russia suspends Gas Supplies to Bulgaria tonight

Today, Bulgargaz received a notification that natural gas supplies from Gazprom Export will be suspended as of April 27.

"The Bulgarian side has fully fulfilled its obligations and has made all payments required under this agreement, in a timely manner, strictly and in accordance with its clauses," the energy ministry said tonight.

The department also states:

Greek PM: The first concern of the government is the energy adequacy of the country

"The first concern of the government is to ensure the energy adequacy of the country. At the same time, we are struggling to achieve the lowest possible energy prices for consumers, households and businesses ", noted the Prime Minister, Kyriakos Mitsotakis, during his visit to the facilities of the Liquefied Natural Gas (LNG) terminal on Revythousa island.

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