News

From Bulgaria
12.08.2014 16:28

EC Investigates Bulgarian Energy Holding for Electricity Market Restrictions

The European Commission has informed Bulgarian Energy Holding (BEH) of its preliminary view that territorial restrictions on resale contained in BEH's electricity supply contracts with traders on the non-regulated Bulgarian wholesale electricity
11.08.2014 12:03

Bulgaria’s Kozloduy NPP Published Shareholder Agreement with Westinghouse Electric Co.

The management of Bulgaria’s Kozloduy nuclear power station published Saturday the shareholders’ agreement with U.S. Westinghouse Electric Company LLC. Public interest towards the country’s agreements for big energy projects surged
08.08.2014 13:58

Bulgarian Energy Holding, Gazprom Sign Deal for Future Black Sea Gas Transport via South Stream

The state-owned Bulgarian Energy Holding (BEH) will sign “within days” a contract with Russia’s Gazprom that would allow the Russian company to transport gas from any Bulgarian Black Sea reserves which could be discovered in the
07.08.2014 11:30

Bulgarian Interim Minister Orders South Stream Construction Permit Investigation

Bulgaria’s caretaker government which was officially inaugurated Wednesday will investigate the construction permit issued to South Stream Bulgaria under now ex-regional development minister Desislava Terzieva. “I learned from the media
06.08.2014 16:25

Bulgaria Approved the Construction of South Stream on July 31

Bulgaria’s Ministry of Regional Development has issued a construction permit to Gazprom – Bulgarian Energy Holding (BEH) joint venture “South Stream Bulgaria” AD for the receiving terminal, the compressor station and adjacent
06.08.2014 14:02

New Bulgarian Energy Minister to Establish Energy Council

An energy board, or rather an energy council, will be introduced in order to bring transparency to Bulgaria’s energy sector, new interim energy minister Vasil Shtonov announced Wednesday during the official inauguration ceremony. Despite the
05.08.2014 16:35

South Stream Still Suspended in Bulgaria after Caretaker Government Was Announced

Bulgarian President Rosen Plevneliev announced Tuesday the members of the caretaker government after now ex-PM Plamen Oresharski tended the resignation of his cabinet a week ago. Georgi Bliznashki, renowned law professor and former European MP, is
05.08.2014 13:12

Timchenko Confirms Stroytransgaz Exit from South Stream in Bulgaria

Russian Businessman Gennady Timchenko confirmed the exit of his company Stroytransgaz from the consortium selected to build South Stream gas pipeline in Bulgaria in favour of Gazprom subsidiary Centrgaz. In an interview for ITAR-TASS Timchenko blamed
04.08.2014 12:39

Bulgaria Will Need over EUR 34 M for Gas Interconnector with Serbia

The cost of the planned Bulgaria-Serbia gas interconnector will surpass BGN 68 million (about EUR 34 m), preliminary estimates of Bulgaria’s Ministry of Energy and Economy revealed. The construction work would cost BGN 67.7 m, while the control
31.07.2014 16:16

The Bulgarian Constitutional Court Cancelled a 20% Fee on Solar and Wind Producers

The Constitutional Court of the Republic of Bulgaria announced, that it has reached a decision today, July 31, regarding Case N1/2014 on the issue of the renewable energy producers fee. The fee was objected by the President of the Republic of Bulgaria
30.07.2014 14:03

Competition Authority Fines State-Owned Incumbent Gas Supplier Bulgargaz with 12 Million EUR

The Bulgarian Commission for Protection of Competition (CPC) published its decision from July 29, 2014, according to which the state-owned incumbent gas supplier Bulgargas will be fined with 23 377 600 BGN (about 12 million EUR) for a breach of the
29.07.2014 15:23

Change in Management – Jacklen Cohen Replaces Ivan Yonchev in the MB of South Stream Bulgaria

The shareholders in the South Stream Bulgaria AD voted for a change in management, which is active from today, July 29 – the Chairman of the Management Board of Bulgarian Energy Holding EAD (BEH) Mr Jacklen Cohen will replace Ivan Yonchev as
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20.03.2022  Teodor Bobochikov, Managing Partner, V-Ridium
Energy Transformation – Trends and drivers
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