Region: Greece–Bulgaria interconnector emerges as main gas supply route
Between its launch in October 2022 and the end of October 2025, the Greece–Bulgaria Gas Interconnector (IGB) has transported more […]
Bulgaria
Bulgaria walks a tightrope: Sanctions, diplomacy and the uncertain future of Lukoil
Prime Minister Rosen Zhelyazkov stated that the long-term outlook of the Lukoil Group in Bulgaria will largely depend on the
Bulgaria: September energy output falls as fuel production shows mixed trends
According to data from the Bulgarian National Statistical Institute, electricity production in September 2025 fell by 6.9 % compared to
Bulgaria takes control of Lukoil operations as company considers court response
Russian oil company Lukoil announced that it may pursue legal action if it determines that its rights or legitimate interests
Bulgaria confirms no extra U.S. conditions for Lukoil sanctions waiver
Energy Minister Zhecho Stankov stated that Bulgaria is not subject to any additional U.S. conditions for the recently approved sanctions
Bulgaria: Electricity output rises 7%, driven by baseload and renewables
According to data published by Bulgaria’s electricity transmission system operator ESO, the country generated 34.96 TWh of electricity between 1
Bulgaria moves ahead with special administrator for Lukoil despite Presidential warning
Bulgaria’s National Assembly has taken steps that move in different directions regarding the expanded powers granted to a Government-appointed administrator
Bulgaria: Bulgargaz proposes lower wholesale gas price for December 2025
Bulgarian state-owned gas supplier Bulgargaz has proposed a lower wholesale natural gas price for December 2025. The expected price for
Bulgaria: Cengiz Holding and SOCAR move to acquire Lukoil’s Burgas refinery in $2.5 billion deal
According to media reports, Turkish conglomerate Cengiz Holding and Azerbaijan’s state-owned energy company SOCAR are moving forward with plans to
Bulgaria strengthens fuel security amid Lukoil sanctions and partial reliance on foreign reserves
Bulgaria’s strategic fuel reserves stored within the country are sufficient to cover about one month of domestic consumption, according to
Bulgaria takes full control of Lukoil operations under new emergency law
Bulgaria’s Parliament has passed sweeping legislation granting a state-appointed special commercial administrator (SCA) full control over the Bulgarian assets of
Bulgaria: IBEX reports record intraday trading volume and sharp rise in electricity prices in October 2025
In October 2025, a total of 2,365,222.6 MWh of electricity was traded on the day-ahead market of the Independent Bulgarian