EU seeks views on Transgaz offering to increase gas exports from Romania

The Commission has concerns the state-owned gas pipeline operator may have breached EU competition rules by restricting exports of natural gas from the country

EBRD invests €100m in Bulgarian energy bonds

The money will refinance an existing bond and help support key power sector reforms

Bulgaria opens new gas pipeline

A new gas pipeline has officially been opened in Bulgaria. The 80km pipeline in Silistra, operated by Bulgartransgaz, has a transmission capacity of 100,000 cubic meters per hour. The €12.3 million (£9m) project was partly financed by the Kozloduy International Decommissioning Support Fund (KIDSF), which was established in June 2000 to support Bulgaria with closing […]

Bulgaria opens €180m waste treatment plant

A facility which can process 410,000 tonnes of waste per year has officially been opened in Bulgaria. The €180 million (£132m) project includes a sanitary landfill, a biological treatment plant and bio-waste and green waste composting plants located on the outskirts of the capital city Sofia. The plant will produce fuel that can be used […]

World Bank supports Bulgaria’s energy assessment

The World Bank is to draft a review of the financial state of Bulgaria’s energy sector. It was asked to provide options to the nation’s Ministry of Energy and Bulgarian Energy Holding (BEH). The advisory support will be implemented in two phases. Under the initial phase with BEH, which starts now, the Bank will undertake […]

Bulgarian energy firm’s proposals to settle EU antitrust charges

State-owned Bulgarian Energy Holding (BEH) has proposed commitments in a bid to settle EU antitrust charges. Earlier this year, the European Commission accused the company of hindering its competitors’ access to the nation’s gas network. Last year it was also warned that restrictions on where its electricity can be resold could breach EU antitrust rules. […]

EU suspects Bulgarian energy firm of market abuse

The European Commission said Bulgarian Energy Holding (BEH) may have breached EU anti-trust rules by hindering competitors’ access to the nation’s gas network. It has sent a “statement of objections” to the state-owned energy company and its subsidiaries Bulgargaz and Bulgartransgaz. BEH is a vertically-integrated firm and its subsidiaries own or control the domestic Bulgarian […]

‘Smart’ to invest in oil, gas now

It would be a “smart” move for businesses to invest in the oil and gas industry when prices have plummeted. That’s the view of Delian Dobrev, Chair of the Bulgarian Energy Committee, who believes competition is currently low as large companies are cutting their exploration activities. Bulgaria has invited global companies to explore new oil […]

EU funds for Bulgaria’s environment projects restored

The European Commission has restored payments to Bulgaria from EU funds under the Operational Programme (OP) Environment. That means the Commission will now process payment requests from the European Regional Development Fund (ERDF) and the Cohesion Fund for projects under the OP. The funds are awarded for projects related to energy and transport that benefit […]

EU warns Bulgarian power firm on resale restrictions

The European Commission has warned Bulgaria’s state-run power firm that restrictions on where its electricity can be resold may breach EU antitrust rules. It sent a ‘Statement of Objections’ to Bulgarian Energy Holding (BEH) saying the Commission has concerns the company “might be hindering competition” on the non-regulated wholesale electricity market in Bulgaria. The statement […]