Natural gas
Bulgaria has Managed to Reduce Gas Demand by a record 24%
Bulgaria has reduced its consumption of natural gas by almost a quarter in the last six months, announced the European Commission.
"Bulgargaz" offers Cheaper Gas for April and May
"Bulgargaz" Ltd. submitted to the Energy and Water Regulation Commission (EWRC) an application for approval of the price for the month of April 2023. The price, in the amount of BGN 103.08/MWh (without prices for access, transmission, excise duty and VAT), was established in accordance with Art. 17 of Ordinance No.
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Natural gas gets 23% cheaper in Athens
Natural gas prices for household consumers dropped 23% in February, according to a report by HEPI (Household Energy Price Index for Europe) released on Wednesday.
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Norway earns record oil, gas revenue
The Norwegian state raked in record oil and gas revenues last year after the war in Ukraine sent energy prices soaring, official figures showed yesterday.
Norway earned 1.5 trillion kroner ($140 billion) in revenues from oil and gas, according to estimates by Statistics Norway (SSB).
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Vučić: I hope we will finish by October PHOTO/VIDEO
The ceremony was also attended by the President of Bulgaria, Rumen Radev.
President Vui visited the construction site with Radev and spoke with the contractors.
"It is very important for us to import gas from you, rather than to export it," said Vui.
Bulgargaz offers a Gas Price of BGN 124.35/MWh for February
BGN 124.35/MWh (excluding excise duty and VAT) is the final proposed price for February 2023 at which Bulgargaz EAD will sell natural gas to final suppliers and to persons who have been issued a license for the production and transmission of thermal energy.
Winter not over, but Europe braces for the next one
Europe has weathered the energy crisis that followed Russia's invasion of Ukraine so far, but businesses and households are already thinking about how to get through the next winter.
Mild weather, government aid, gas storage facilities at full capacity and energy imports from other regions have helped Europe limit the economic damage caused by the war.
Power bill subsidies slashed
The government has significantly reduced the level of electricity bill subsidization for February, given the considerable decline in international natural gas rates, which have slashed the cost of electricity production.
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Greece cuts back energy bill subsidies citing fall in gas prices
Greece has reduced the subsidies extended to consumers grappling with high energy costs to 95 million euros ($102.9 million) in February from 840 million euros in January, the energy minister said on Tuesday, citing a fall in gas prices.
TPAO hopeful for more gas reserves in Black Sea
As efforts to get the natural gas found in the Black Sea to residences at the end of March continue, there is reason to be hopeful for more reserves, according to Melih Han Bilgin, general manager of Turkish Petroleum Corporation (TPAO).
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