BULGARIA

Australia’s Woodside Acquires Stake in Offshore Block in Bulgaria

Date: 16.08.2018 Author: Peter Palčec
Australia’s Woodside Acquires Stake in Offshore Block in BulgariaPhoto: www.pixabay.com

The Australian oil and gas company Woodside entered into a farm-in agreement in July 2018 with Shell International Exploration and Development Italia to acquire a 30% non-operated participating

DA Volumes on Bulgarian IBEX Up 60% Year-on-Year in July

Date: 14.08.2018 Author: Tanja Srnovršnik Volarič
DA Volumes on Bulgarian IBEX Up 60% Year-on-Year in JulyPhoto: ACER

A total volume of 547,203 MWh was traded on the Bulgarian day-ahead market in July 2018, up 20.4% compared to June 2018, and up 59.86% compared to July 2017, according to the Bulgarian power exchange

Bulgaria's Bulgargaz Proposes 14.34% Gas Price Increase for Q4 2018

Date: 14.08.2018 Author: Tanja Srnovršnik Volarič
Bulgaria's Bulgargaz Proposes 14.34% Gas Price Increase for Q4 2018Photo: Shutterstock

Bulgaria's state-owned gas supplier, Bulgargaz, intends to propose to the country's energy regulator, EWRC, a 14.34% increase in the price of natural gas for the fourth quarter of 2018, the company

ICGB Resumes Engineering Consultant Tender for Bulgaria-Greece Gas Link

Date: 14.08.2018 Author: Tanja Srnovršnik Volarič
ICGB Resumes Engineering Consultant Tender for Bulgaria-Greece Gas LinkPhoto: Plinovodi

ICGB, the company in charge of the Bulgaria-Greece gas interconnector (IGB) project, has resumed the procedure for selection of an owner engineer for the Bulgaria-Greece gas interconnector (IGB)

Turkey to Build Third NPP Near Bulgarian Border

Date: 13.08.2018 Author: Peter Palčec
Turkey to Build Third NPP Near Bulgarian BorderPhoto: Rosatom

Turkey plans to build a third nuclear power plant (NPP) near Bulgaria and will open tenders worth USD 4.8 billion (EUR 4.188 million) for the investment in solar power plants totalling 3,000 MW,

Bulgaria: Gas Transmission Infrastructure Open Season Procedure 2 Closes

Date: 13.08.2018 Author: Peter Palčec
Bulgaria: Gas Transmission Infrastructure Open Season Procedure 2 ClosesPhoto: © Jenny Woodworth/Dreamstime.com

The Bulgarian gas TSO, Bulgartransgaz, has finished phase two of the open season procedure in the project for the development and expansion of the gas transmission infrastructure to all neighbouring

S&P Upgrades Bulgarian NEK’s Rating to ‘B+’; Outlook Stable

Date: 10.08.2018 Author: Tanja Srnovršnik Volarič
S&P Upgrades Bulgarian NEK’s Rating to ‘B+’; Outlook StablePhoto: www.pixabay.com

S&P Global Ratings raised its long-term issuer credit rating on Bulgarian National Electricity Company (NEK) to 'B+' from ‘B' on Thursday. The outlook is stable, reflecting S&P’s view that,

Czech ČEZ Reportedly Sues Bulgaria Over Banned Assets Sale

Date: 09.08.2018 Author: Peter Palčec
Czech ČEZ Reportedly Sues Bulgaria Over Banned Assets SalePhoto: www.pixabay.com

The Czech utility company ČEZ has filed an administrative claim against the Bulgarian Commission for the Protection of Competition (CPC), regarding CPC’s decision to ban the sale of ČEZ’s assets

ICGB Resumes Public Procurement for Bulgaria-Greece Gas Link

Date: 09.08.2018 Author: Peter Palčec
ICGB Resumes Public Procurement for Bulgaria-Greece Gas LinkPhoto: Plinovodi

ICGB, the company in charge of the Bulgaria-Greece gas interconnector (IGB) project, has announced the resumption of the restricted public procurement award procedure for the design, procurement and

Trans Adriatic Pipeline Launches Network Code Consultation

Date: 09.08.2018 Author: Peter Palčec
Trans Adriatic Pipeline Launches Network Code ConsultationPhoto: Roman Peklaj

Trans Adriatic Pipeline (TAP) has launched a consultation process on its draft TAP Network Code (TNC). The TNC sets out the principles and rules which will govern the access, use and operation of the

Electricity and Gas Prices in EU the Lowest in Bulgaria and Romania

Date: 08.08.2018 Author: Tanja Srnovršnik Volarič
Electricity and Gas Prices in EU the Lowest in Bulgaria and RomaniaPhoto: www.pixabay.com

In the EU the price for electricity (all taxes included) paid by households was the lowest in Bulgaria in 2017, amounting to 0.1 EUR/kWh, whilst the price for gas was the lowest in Romania, amounting

Bulgarian National Electricity Company Generates EUR 37.83m Net Loss in H1 2018

Date: 08.08.2018 Author: Peter Palčec
Bulgarian National Electricity Company Generates EUR 37.83m Net Loss in H1 2018Photo: Energetika.NET archive

The National Electricity Company (NEC), a subsidiary of Bulgarian Energy Holding (BEH), reported a net loss of BGN 74 million (EUR 37.83 million) in the first half of 2018, reported Bta.bg.

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