Participants in the ministerial meeting were Zorana Mihajlović, Deputy Prime Minister and Minister of Mining and Energy of Serbia, Konstantinos Skrekas, Minister of Environment and Energy of Greece, Virgil-Daniel Popescu, Minister of Energy of Romania, Parviz Shahbazov, Minister of Energy of Azerbaijan, German Galuschenko, Minister of Energy of Ukraine, Alparslan Bayraktar, Deputy Minister of Energy and Natural Resources of Turkey, Kreshnik Bekteshi, Minister of Economy of the Republic of North Macedonia. They discussed the most pressing challenges in the industry, in the context of crises, as well as the future development of regional electricity markets, security of gas supply, decarbonization and European green policy. The participants agreed on the need for solidarity to diversify energy sources for Southeast Europe. To these ambitious goals, Southeast Europe can play a key role in providing reliability of the systems and transformation towards a low carbon economy. The experts expressed hope that governments in the region will undertake as a follow-up to the forum, working discussions with each other and with the European Commission, the Energy Community Secretariat and other partners to effectively implement the energy transition.
Read more
“The consumption of natural gas in Bulgaria is guaranteed at least a month ahead and no limitation of consumption is required at this time,” Energy Minister Alexander Nikolov told journalists regarding the announcement that Gazprom exports haа stopped supplies to the country. Minister Nikolov explained that a letter with such a warning was received by the Russian supplier on 26 April. Bulgargaz EAD has fulfilled all the requirements under the current contract, including making advance payments in accordance with the contract provisions. Thus the non-fulfilment of the contractual commitments is on the part of the supplier – Gazprom Export – with all the resulting consequences, the Energy Minister underlined.
Read more
The permit for prospecting and exploration of oil and natural gas in “Block 1-21 Han Asparuh” has been extended by two years after Energy Minister Alexander Nikolov signed today an annex to the contract with the representatives of the exploration companies – Total Energies EP Bulgaria B.V. and OMV Offshore Bulgaria GmbH. The term for prospection shall be extended at the request of the permit holder. The possibility for this is regulated by the provision of article 31, paragraph 4 of the Underground Resources Act. The decision to extend the exploratory period was taken by the Council of Ministers in February 2022. Total Energies EP Bulgaria BV and OMV Offshore Bulgaria GmbH motivated their request for extension with a presently identified prospective area that allows for additional testing of the block for potential deposits.
Read more
The Ministry of Energy and AES Bulgaria approved a Memorandum of Understanding. The document was signed by Energy Minister Alexander Nikolov and CEO of the company Mr. Ivan Tzankov.
moreIn implementation of decisions of the National Assembly of 7 June 2018 and of the Council of Ministers of 29 June 2018, Natsionalna Elektricheska Kompania EAD announces a call for selection of a strategic investor for the construction of Belene nuclear power plant. The call also allows for expressions of interest to acquire a minority shareholding in the future project, as well as and/or to purchase electricity from the future power plant. An application in the procedure for selection of a strategic investor or, respectively, interest in acquiring a minority share in the project company may be submitted by Bulgarian or foreign legal entities, as well as consortium thereof. The deadline for receipt of applications shall be until the 90th day as of the date on which the call is published in the Official Journal of the European Union.
moreContacts: 8, Triaditsa Str., Sofia 1000, Bulgaria Phone: +359 2 9263 152
E-mail: e-energy@me.government.bg
