Nikolay Pavlov

This is the first time in the history of the company, reported NOVA TV. 

For the first time in its history, Bulgargaz announces a competition for a non-Russia natural gas supplier. Nikolay Pavlov, the executive director of the company, announced today.

''The price of natural gas, which this country buys from Russia's Gazprom to be renegotiated each year, while for the first two years, this renegotiating to be made once each six months. '' This is the Bulgarian position in view of the discounts offered by the Russian giant, BNR reported.

Caretaker Energy Minister Nikolay Pavlov has said that state energy companies Bulgargaz, Bulgartransgaz and the Bulgarian Energy Holding have already drawn up a position on commitments proposed by Gazprom in the case with the European Commission, BNR reported.

Minister of Energy Nikolay Pavlov informs that at the moment the Bulgarian state - owned companies Bulgarian Energy Holding, Bulgargaz and Bulgartransgaz are working hard on the preparation of detailed analyses of the proposals for commitments, submitted by Gazprom at the EC, according to BNR.

The construction of the gas link between Bulgaria and Greece is expected to start in the beginning of 2018, stated interim Energy Minister Nikolay Pavlov in Azerbaijan.

Pavlov pointed out that intensive work is being conducted at the moment on the preparation of the documents for the announcement of the tender for the construction of the intersystem connector.

The Bulgarian Energy Holding (BEH) has embarked on massive overhauls in the management of key state-owned energy companies.

The (BEH), an entity representing and managing state-owned assets in energy, has removed Jacklen Cohen as chair of the board of the Kozloduy Nuclear Power Plant (NPP).

Stoyan Yanchev will be the new Chief Executive Offier of Bulgargaz, the country's public natural gas supplier, the Bulgarian National Radio reports.

The shift is caused by President Rumen Radev's decision to include incumbent Nikolay Pavlov in the interim government that will take over on Friday.

State-Owned gas supplier Bulgargaz has said it may demand in increase in the price of gas paid by its customers as of the beginning of 2017.

Nikolay Pavlov, Bulgargaz CEO, has said that the surge wanted by his company will not be signifficant enough to have a big impact on the prices for heating utilities and the industrial consumers.