Bulgarian Energy Holding

There is a compelling offer from the "Cheniere" company for the delivery of seven carloads of liquefied gas, the former Minister of Energy, Alexander Nikolov, was categorical.

In his words, for these seven tankers - the offer from the supplier is engaging.

However, Nikolov explained that it is the right of the payer and the recipient whether to accept it or not.

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:

The entire management of Bulgargaz has been replaced following a decision by the Bulgarian Energy Holding, BNR reports.

Lyudmil Yotsov has been elected executive director of the company - in place of Nikolay Pavlov, according to a protocol of BEH, published in the Commercial Register.

The Bulgarian Specialized Prosecutor's Office received a signal from the Association of Industrial Capital in Bulgaria, the Bulgarian Chamber of Commerce, the Bulgarian Chamber of Commerce and Industry and the Confederation of Employers and Industrialists in Bulgaria in connection with the record high price of electricity for business.

Employers are starting a phasing out of production facilities, as of 00.00 am on August 4, 2021 and remain on alert. This is stated in a declaration of the Association of Bulgarian Employers' Organizations (AOBR).

Energy Minister Andrei Zhivkov asked the Bulgarian Energy Holding (BEH) to remove the management of Bulgartransgaz after an inquiry by the Energy and Water Regulatory Commission (EWRC) confirmed Energy Ministry conclusions about ineffective management of the natural gas transmission company.

Bulgarian power generation industry is switching over to a "green mode" of operation. This is the conclusion based on the recent amendments to the Recovery and Resilience Plan that 3eNews has been able to obtain. The draft document shows that serious investments will be made in the subsidiary of TPP Maritza East 2, responsible for the new energy generating capacities.

The Head of Bulgaria's National Electricity Company EAD, Petar Iliev, on 19th of June resigned, Bulgarian Energy Holding said.

Iliev submitted the resignation to the correspondence department of the Bulgarian Energy Holding. According to information of the BNR, he steps down from the post for personal reasons.

The topic is discussed by the energy expert Vasko Nachev and the chairman of the Bulgarian Energy and Mining Forum Ivan Hinovski.

Electricity, heating and hot water prices will continue to rise. Such a forecast was made by the energy expert Vasko Nachev and the chairman of the Bulgarian Energy and Mining Forum Ivan Hinovski, reported NOVA TV. 

By May 20th will happen the first sod of the construction where the interconnector with Greece will be made. This was announced by Prime Minister Boyko Borisov in Rousse. He was in the Danube town to get acquainted with the new investment of a German automotive locking plant that opened a new production base.