News

From Bulgaria
20.03.2013 14:41

EVN Requested that the Regulator Re-Thinks Electricity Prices

Austrian energy group EVN said it will take legal action against Bulgaria if it is unable to negotiate concessions over an electricity dispute it says has cost it EUR 48 million. The company also requested that the state energy regulator re-thinks
18.03.2013 15:25

Government to Announce the Energy Sector Auditor within 10 Days

In about 10 days the government will name the enactor of the international audit of the Bulgarian energy sector, vice-PM Ekaterina Zaharieva said in an interview for the Bulgarian National TV.   Help will be sought from the European Commission
13.03.2013 11:34

Caretaker Government Stepped Into Office

Today at an official ceremony, the new temporary government was officially presented to the public by Bulgarian resident Rosen Plevneliev. Marin Raikov, one of Bulgaria’s most notable diplomats from the 70’s and 80’s and ex-deputy
11.03.2013 10:05

Caretaker Government Announced Tomorrow

The temporary Bulgarian government which will take office until the elections in May will be announced tomorrow at 16.00h EET, Bulgarian President Rosen Plevneliev stated in an interview for Der Standart.   Plevneliev declined to name the
07.03.2013 12:57

Bulgarian Energy Holding to Get New Loan

Today the Bulgarian Energy Holding (BEH) is expected to start a procedure for selecting a bank or syndicate of banks for lending a loan of EUR 250 m. Simultaneously, BEH will launch a procedure for a new legal and investment consultant following
06.03.2013 15:33

Transit Pipelines Should Be Treated Equally with Other Gas Infrastructure

During the Black Sea Oil and Gas Forum, which takes place today, Jean-Arnold Vinois, Acting Director for Internal Energy Market at the European Commission, commented that Bulgarian transit gas pipelines infrastructure should be treated as “European
06.03.2013 12:45

Black Sea – from Gas Transit to Gas Production

Traditionally the Black Sea has been seen as the closest route between hydrocarbon resources in the East and consumers in the West. Now it has itself turned out to be a hydrocarbon resource base, according to Peter Poptchev, Bulgarian Ambassador
04.03.2013 12:31

TSO Halts Units at Thermal Stations Due to Low Electricity Exports

Extremely low electricity exports amounting to a mere 160 MW and the shrinking national consumption (3,600 MW during daytime and 3,300 MW during the night) the Bulgarian Electricity System Operator (TSO) said it has ordered the temporary shutdown
01.03.2013 15:10

Fitch Rates Bulgarian Energy Holding BB+, Stable Outlook

Fitch Ratings has assigned Bulgarian Energy Holding EAD (BEH), Bulgaria's largest electric and gas utility company, a Long-term foreign currency Issuer Default Rating (IDR) of 'BB+' and Long-term local currency IDR of 'BB+' with Stable Outlooks.   The
01.03.2013 12:26

Revenues from CO2 Trading Could Cover Partially the Renewables Share in Electricity Bills

We suggested that a part of the revenues from CO2 trading goes for covering the so called “green addition” calculated in electricity prices, instead of being invested in new renewables, Konstantin Stamenov, chairman of the Bulgarian federation
25.02.2013 15:15

Energy Regulator Members Resigned, Energy Ministry Said

All seven current members of the Bulgarian State Energy and Water Regulatory Commission have resigned last week, energy ministry sources told Trud Daily. Their mandate was meant to continue until July 2015.   Angel Semerdzhiev, head of the
20.02.2013 10:33

Prime-Minister Boiko Borisov Resigned

Today I will depose the resignation of the government, Bulgarian PM Boiko Borisov stated today in parliament.   As reported by the Bulgarian National Radio (BNR), Borisov announced the resignation of his center-right cabinet following last
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Interview

20.03.2022  Teodor Bobochikov, Managing Partner, V-Ridium
Energy Transformation – Trends and drivers
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