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Foul play on the Bulgarian gas market profits Russia

The Bulgarian state-owned gas import company Bulgargaz wrote to the State National Security Agency (DANS) to report that competing interests seek to sabotage by jeopardising the agreement between Bulgaria and Azerbaijan on importing 1 billion cubic meters of gas per year. EURACTIV Bulgaria reports.

read more... 29/12/2021

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Bulgaria to spend over $867 mln to offset high energy costs

Bulgaria's government approved on Wednesday a four-month scheme to provide more than 1.5 billion levs ($867 million) to help businesses cope with soaring energy prices during the winter months, Prime Minister Kiril Petkov said on Wednesday.

read more... 23/12/2021

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Bulgaria's parliament freezes power prices for households

Bulgaria's lawmakers voted on Wednesday to shield households from surging energy costs by freezing their electricity and heating prices at current levels in the European Union's poorest state, a move slammed by power distribution companies.

read more... 16/12/2021

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Bulgaria seeks EU nod to halve energy tax to 10% until April

Bulgaria will seek EU approval to halve value-added tax on electricity and gas to 10% in the first four months of 2022 to offset a surge in energy costs for businesses and households, officials said.

read more... 10/12/2021

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Greece-Bulgaria gas interconnector IGB faces delays due to supply shortages

Greece confirmed on Wednesday (10 November) delays in the construction of a key gas interconnector linking Greece and Bulgaria (IGB), reported earlier by EURACTIV Bulgaria, but insisted that they were due to supply shortages.

read more... 12/11/2021

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