Bulgargaz asked the energy regulator to increase the price of natural gas for March by 3.5% which will raise the cost to 58 euros per megawatt-hour compared to February, when it was 56 euros.
Production from the gas storage in Chiren has been suspended and by order of Energy Minister Alexander Nikolov the facility has switched to the mode of pumping additional quantities into Bulgaria's reserve gas hub, which has led to Bulgargas' demand for an increase in the price, explained Energy and Water Regulatory Commission chairman Stanislav Todorov.
So far, cheaper gas has been drawn from Chiren during the winter months, but because of fears that the war in Ukraine could lead to a gas supply crisis, a new reserve needs to be built up. This will force Bulgaria to use more imported gas, which is significantly more expensive.
On 7 March, the regulator will officially approve the new gas price for March.
The National Assembly has introduced a new requirement for state-owned enterprises to implement corruption risk management systems, which will also include appointing an integrity officer. The measure is recommended by the Organisation for Economic..
GERB leader Boyko Borissov said that he did not like budget 2026 and it would be frozen. Speaking to the media in parliament, Borissov said that the Joint Governance Council of the formations in the government, the Prime Minister..
North Macedonian Prime Minister Hristijan Mickoski accused attacked Macedonian Bulgarian journalist Vladimir Perev of staging the attack and self-harm, BGNES has reported. On November 21, in a shop in the center of Skopje, Perev..
Cloudy
Cloudy
Mostly Cloudy