Tag:gas crises

Bulgaria: Gas prices in November may fall below BGN 166, says Energy Minister

According to Rosen Hristov, the energy minister, the gas price could drop below BGN 166 in November and hold steady in December. While talking to the media, he explained that it is essential to dropping the concept of introducing two electricity rates for home consumers

Bulgaria: Chiren gas storage reached 80% three weeks before deadline

The minimum capacity required by the EU to stock up for the winter, 80.27%, has been reached by Bulgarian Chiren gas, according to statistics supplied by Gas Infrastructure Europe, which tracks the level of reservoirs in various nations. Three weeks before the deadline, Bulgaria was able to meet the requirements

Europe prepares to tackle Mobile network collapse this winter

Mobile phones can go silent across Europe this winter due to power outages, implementation of consumption limits and current policies causing some mobile networks to be disrupted. The probability of power shortages has increased due to Russia's move to cut off gas supplies through Europe's main supply route following the crisis in Ukraine

Bulgaria: Greece interconnector set to launch on October 1st

Rosen Hristov, the energy minister of Bulgaria, stated that the interconnector with Greece will receive act 16 today or tomorrow and officially open on October 1st. He also highlighted that Bulgaria is also developing compensatory measures for businesses so they can receive the gas the government can preserve for upcoming winters

Stoyanov: Bulgaria to eventually stop recieving gas from Gazprom

The Economy minister Nikola Stoyanov confirmed that Bulgaria will eventually stop receiving natural gas from Gazprom. The main objective of the cabinet is to receive the quantities of natural gas under the existing contract, which Gazprom didn't send as they cut the supplies for not paying them in Rubels

Bulgaria: Gazprom is ready to discuss gas requirements with Bulgaria

Rosen Hristov, energy minister of Bulgaria, stated that Gazprom has recently responded to talk about the gas. They are ready to discuss the requirements. Hristov noted that the third of the required gas would come from Gazprom if everything went well

Stoyanov: Bulgaria determines to export electricity in exchange of gas from Azerbaijan

Bulgaria will export electricity in exchange for gas from Azerbaijan. This agreement was reached by the Economy minister of Bulgaria, Nikola Stoyanov. The minister suggested we could obtain volumes with a plan to trade gas for electricity in the coming 4-5 months

Bulgaria: EU is considering sending Bulgaria a certain quantity of natural gas.

Bulgarian MEP from the group of the Progressive Alliance of Socialists and Democrats  said,"To avoid having other bad winter weather predictions, we are currently searching for every answer on a pan-European basis. Completing the Greek link and providing the desperately required Azeri gas are the first steps in diversifying our energy supplies

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Critical Water Shortages Plague Bulgaria’s Pleven Amid Drought and Delays

The immediate response plan centers on upgrading the "Bivolare" pumping station by replacing outdated pipes that have contributed to water loss. Despite efforts to modernize the pumping station, water loss due to aging infrastructure remains a pervasive issue
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Bulgaria Increases Interior, Defense Budgets Citing Migration Pressures Despite Decline

The decision, announced by the government press service, is intended to support the two ministries in managing heightened “migration pressure” anticipated from June 1 through October 31. However, recent data has led some to question the necessity of the funding increase

Bulgarian Taxi Drivers to Stage Nationwide Protest Over Steep Insurance Hike

Organized as a coordinated, countrywide demonstration, drivers aim to draw attention to what they are calling an unsustainable rise in insurance premiums, which they say have soared tenfold without warning

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Dominica: New projects unveiled at the 2024/2025 budget session

Finance Minister Irving McIntyre revealed a big budget for several projects to be undertaken the coming fiscal year.

Dominica budget 2024/2025 scheduled today: $1.4 B expected allocation

The new budget for Dominica is expected to have a $1.4 Billion expenditure. The final budget address is set to take place today.

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