The Independent Bulgarian Energy Exchange (IBEX) reached a new daily record on its intraday market segment (continuous trading mechanism) for the delivery day of 2 December 2025. The total traded volume amounted to 37,100.55 MWh, representing a 15% increase compared to the previous record of 32,221.23 MWh, set on 17 July 2025.
Bulgaria: IBEX sets new daily record on intraday market Read More »
A new step in expanding Bulgaria’s nuclear capacity has been taken as the project company NPP Kozloduy New Builds signed an engineering consultancy contract with a predominantly Canadian consortium. The consortium includes Laurentis Energy Partners, its subsidiary Canadian Nuclear Partners, and BWX Technologies. Under the agreement, the consortium will support Bulgaria in overseeing and managing
Bulgaria advances nuclear expansion with Kozloduy units 7 and 8 engineering contract Read More »
Unit 6 at Bulgaria’s Kozloduy Nuclear Power Plant is back online following its annual maintenance, reconnecting to the national electricity grid on the evening of 1 December. The maintenance program, which started on 25 October 2025, included thorough preventive inspections, servicing of critical systems, and all tasks required under the plant’s annual upkeep schedule. During
Bulgaria: Kozloduy nuclear Unit 6 back in operation after safety and fuel upgrades Read More »
According to data released by the Bulgarian electricity transmission system operator (ESO), electricity production in Bulgaria between January 1 and November 30, 2025, increased by 6.41% compared to the same period in 2024, reaching 36.36 TWh. During the same period, electricity consumption in the country also grew, rising by 5.17% to a total of 34.76
Bulgaria sees rise in electricity production and renewables in 2025 Read More »
Bulgarian Energy Minister Zhecho Stankov stated that the Ministry has not received any official investor proposals for the Bulgarian subsidiaries of Russian Lukoil. Recent letters to the Ministry mostly relate to his outreach to major international companies to ensure stable diesel and petrol supplies if the Burgas refinery halts operations. Most communications involve companies offering
Bulgaria seeks stability amid Lukoil sanctions, no investor proposals yet Read More »
The Bulgarian Commission for Energy and Water Regulation (KEVR) has approved a 4.3% decrease in wholesale natural gas prices for December 2025, exceeding the 1% reduction initially proposed by public supplier Bulgargaz in mid-November. The new wholesale price stands at around €32.2/MWh, excluding VAT and excise duty. This follows a 7.88% increase approved for November.
Bulgaria lowers wholesale gas prices for December 2025 Read More »
Between its launch in October 2022 and the end of October 2025, the Greece–Bulgaria Gas Interconnector (IGB) has transported more than 39 million MWh of natural gas northward into Bulgaria, along with nearly 2 million MWh sent back into Greece through virtual reverse-flow operations. In just the first ten months of 2025, over 8.4 million
Region: Greece–Bulgaria interconnector emerges as main gas supply route Read More »
Prime Minister Rosen Zhelyazkov stated that the long-term outlook of the Lukoil Group in Bulgaria will largely depend on the broader diplomatic dialogue between Washington and Moscow. He emphasized that the company’s future is closely tied to efforts to end the war in Ukraine and achieve a durable peace agreement. Addressing questions on whether the
Bulgaria walks a tightrope: Sanctions, diplomacy and the uncertain future of Lukoil Read More »
According to data from the Bulgarian National Statistical Institute, electricity production in September 2025 fell by 6.9 % compared to August, reaching 2,936 GWh. Electricity consumption also declined on a monthly basis, dropping by 7.1 % to 2,378 GWh. Consumption of natural gas recorded a strong monthly increase of 15.5 %, amounting to 179 million
Bulgaria: September energy output falls as fuel production shows mixed trends Read More »
Russian oil company Lukoil announced that it may pursue legal action if it determines that its rights or legitimate interests have been infringed. The statement came after Bulgaria decided to transfer management authority over Lukoil Neftochim Burgas, Lukoil Bulgaria, and several affiliated companies to a special commercial administrator, effective 17 November 2025. Lukoil stressed that
Bulgaria takes control of Lukoil operations as company considers court response Read More »
