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Bulgaria Exports almost Half of the Electricity it Produces
In June, Bulgaria exported almost half of the electricity produced in the country. This is what new data from the National Statistical Institute (NSI) indicate.
In June, 4.03 terawatt hours of electricity were produced in the country, which is an increase of 25% on an annual basis.
Bulgaria will Probably Go to Arbitration with Gazprom. The Situation is Not Good
"Bulgaria did not make the right decision regarding the old contract with Gazprom. There is no way to sign a new contract. Every step is a big problem. We are going to arbitration, most likely."
Are East Mediterranean Gas Resources the Solution to Europe's Energy Crisis?
The Russian invasion of Ukraine more than 6 months ago has caused a dramatic spike in natural gas prices and caused repeated energy shocks in Europe. The EU has accused Moscow of using energy as a weapon, while Russia denies this and blames western sanctions for the drop in exports.
Does the Bulgarian Government Actually Intend to Hold Talks on a New Contract with Gazprom
The caretaker government does not intend to negotiate a new short-term, medium-term or long-term contract with Gazprom, but only to obtain quantities under the existing contract.
Price of Natural Gas in Europe reached 341 Euros per megawatt hour
The price of natural gas on the Dutch exchange TTF reached 341 euros per megawatt hour yesterday, and electricity supply contracts in Germany and France broke all records. Against this background, the Czech Presidency of the European Union announced that it is preparing an extraordinary meeting of energy ministers.
Petkov and Vassilev: One of Us will be Prime Minister of Bulgaria after the Elections
If "We Continue the Change" gets a chance to form a government after the elections on October 2, either Asen Vassilev or Kiril Petkov will be nominated as prime minister.
This was announced by the two in a joint interview with BNT. "We will decide together after the elections," said Kiril Petkov.
The Price of Electricity in Europe has Jumped by 25%
The price of electricity in Europe jumped by more than 25%, according to the prices of the European Electricity Exchange, Bloomberg reports. That's about 14 times the seasonal average over the past five years. The increase in prices is due to the concerns related to the shutdown of the Nord Stream.
Ex-PM Borissov Accused Petkov and Vassilev of Sabotaging the Import of American Gas to Bulgaria
The leader of GERB and ex-Prime Minister, Boyko Borissov, accused former PM Kiril Petkov and former deputy PM Asen Vassilev of deliberate actions and sabotaging the supplies of American liquefied gas in Bulgaria.
According to Borissov, Petkov's office did not sign the contract and did not reserve a delivery point for unloading the tankers.
"Democratic Bulgaria": The Caretaker Government is Selling Out Bulgaria
"'Democratic Bulgaria' is categorically against the return of 'Gazprom' as a gas supplier to Bulgaria and demands a clear position on the actions of the caretaker government from all political forces that define themselves as professing Euro-Atlantic values.
Ukraine has offered its Gas Pipelines to Europe if Nord Stream 1 is Halted
Ukraine has offered to provide its gas transmission network for the delivery of Russian gas to Europe after Nord Stream 1 has been failing so much lately and constantly having to shut down the gas on it.
"Gazprom" announced that it will stop the gas on this pipeline again for a technical inspection from August 31 to September 2.