News

From Bulgaria
18.03.2011 11:03

Nuclear Expert: Belene NPP Construction Site Seismically Secure

The construction site of Belene NPP is seismically resistant, commented nuclear expert Boris Pekov on the 1997 report by the Bulgarian Academy of Science, which suggests that there is a geological fault in the area of the future nuclear station.
17.03.2011 16:27

The Fuel Excise Not to Be Reduced

There is no possibility that Bulgaria reduces the excise on fuels. This was said today during a meeting between Minister of Finance Simeon Diankov and Algirdas Shemeta, Commissionaire responsible for taxation and customs union, BNR reported. The
17.03.2011 14:00

Road Tolls to Be Introduced

The Council of Ministers has approved a proposal for the introduction of road-toll collecting system. It will allow to charge drivers depending on distance travelled, form the press office of the government announced. The proposal came because
17.03.2011 13:31

New Oil and Gas Exploration in Bulgaria

The government has announced that it will start a procedure for issuing a permit for search and exploration of gas and oil in the area of Block 3 Tsar Kaloian. The total surface of the block is 4068 sq. km and is located in the counties Russe, Razgrad,
14.03.2011 16:20

CEZ Bulgaria Reported BGN 7 mn. Loss of Electricity Thefts

CEZ Bulgauri said that the total amount of the losses it registered in 2010 due to unfair or illegal electricity consumers surpasses BGN 7 mn. For the last year the company charged additionally electricity for BGN 3.5 mn., or 21 mn. kWh. According
14.03.2011 15:27

The Regulatory Commission to Control the Price of Fuels

Alexander Tsvetkov, Minister of transport, suggested today that the state Energy and Water Regulatory commission takes control over the prices of fuels, dariknews.bg reported. He also pinpointed the possible cancellation of excise over biofuels as
14.03.2011 14:32

Bulgaria: Railroad Reforms to Be Discussed in Brussels

The Bulgarian Minister of transport Alexander Tsvetkov and the delegation he is heading will meet with the management of the General directorate Regional Policies of the EC on March 15, from the Ministry of transport announced today. The main
11.03.2011 15:01

Decrease in Sales of New Vehicles

About 100 new cars less were sold in Bulgaria in February 2011, as compared to January, from the Vehicle Importers’ Association announced. In January were sold 1464 vehicles, whereas in February the number dropped down to 1358. However, the
11.03.2011 14:45

Bulgargaz to Request 6.61% Increase of Natural Gas Price

Bulgargaz, the country’s public natural gas supplier announced today that it will seek a 6,61% increase of gas price as of April. The suggestion is to be discussed by the State Energy and Water Regulatory Commission (SEWRC). The company
11.03.2011 12:35

Wind Energy Companies File Claim against NEK

Kaliakra Wind Power and AES Geo Energy have filed a claim amounting to several millions of BGN against the Bulgarian national electricity company NEK, Mediapool reported. The two companies had to resume production during to a delayed repair of
11.03.2011 12:26

Bulgarian Railroad Workers Cancel Strike

After an agreement was reached late last night yesterday between the syndicates and the management of the Bulgarian railroad carrier BDZ, the planned effective 8-hour strike for today was officially cancelled, BTA reported. No administrative redundancies
10.03.2011 14:08

Bulgaraz to Request New Gas Prices as of April

The Bulgarian national gas supplier Bulgargaz will announce today its new gas price suggestion which should take effect as of April, dnevnik.bg reported. Currently the gas price is set at BGN 509.38/1000 cub. meters. A month ago Bulgargaz said that
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20.03.2022  Teodor Bobochikov, Managing Partner, V-Ridium
Energy Transformation – Trends and drivers
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