The Government of the Federation of Bosnia and Herzegovina (FBiH) has approved a reduction in the wholesale price of natural gas, following a proposal from the Federal Ministry of Trade. The new price, effective from 1 October 2025, is set at 406.8 euros per 1,000 cubic meters, excluding VAT. The price adjustment applies to distribution […]
Bosnia and Herzegovina: FBiH lowers wholesale natural gas price Read More »
In the first week of October, Brent oil futures for the Front-Month in the ICE market showed a consistent downward trend. On Monday, September 29, they reached their weekly maximum settlement price of $67.97 per barrel, which was already 3.1% lower than the previous Friday’s price. The decline continued until Thursday, October 2, when futures
At the 55th International Gas Conference in Hungary, Bulgartransgaz CEO Vladimir Malinov emphasized the continued importance of natural gas in southeastern Europe’s energy mix. He explained that as electricity demand continues to grow and stable generation capacity remains vital for energy security, natural gas continues to play a key role. Bulgaria experienced a 5% increase
Bulgaria: Natural gas to remain key for Southeastern Europe’s energy security Read More »
HUDEX has announced that it will cease all electricity and natural gas trading after concluding that market liquidity remains insufficient to support sustainable long-term operations. Despite extensive efforts and detailed assessments conducted in recent years, trading volumes failed to reach the levels required to meet regulatory standards. As a result, the company’s board has approved
Hungary: HUDEX to cease all electricity and gas trading due to low market liquidity Read More »
The Federal Ministry of Energy, Mining and Industry has received a request from natural gas importer Energoinvest to lower gas prices for tariff customers by 1.63 percent in the fourth quarter of 2025. The proposal would reduce the price from 413.6 euros per 1,000 standard cubic meters to 406.8 euros per 1,000 standard cubic meters,
Representatives of Turkish energy company BGN met with Bulgarian officials to discuss opportunities for expanding energy cooperation and strengthening Bulgaria’s position as a key gas transit hub in the region. During the talks, Bulgaria emphasized its goal of fully utilizing its gas transport infrastructure to serve both the European Union and the wider Balkan market.
The Council of Ministers has approved revised conditions for a state-guaranteed loan supporting the construction of the Bulgaria–Serbia gas interconnection. The financing agreement, valued at nearly 50 million euros, was originally signed on January 25, 2023, between gas transmission operator Bulgartransgaz and ING Group. Due to improved market conditions, Bulgaria’s anticipated entry into the Eurozone,
Region: Bulgaria lowers loan interest for gas interconnection project with Serbia Read More »
TTF gas prices rose slightly in Week 39 of 2025 but remained within a narrow range. The gradual completion of maintenance works in Norway helped increase gas supply, while strikes in France disrupted LNG deliveries and limited imports. TTF gas futures on the ICE market for November 2025 delivery showed a modest increase during the
Hungary has concluded its longest-ever liquefied natural gas (LNG) supply agreement with French company Engie, securing long-term energy stability through a 10-year contract running from 2028 to 2038. Under the deal, Hungary will import 400 million cubic meters of LNG annually, amounting to a total of 4 billion cubic meters over the contract period. Deliveries
Hungary secures 10-year LNG supply deal with Engie to bolster energy security Read More »
The liquefied natural gas (LNG) terminal in Alexandroupoli, Greece, is preparing to increase its operations after being out of service since January due to a booster pump malfunction. Bulgartransgaz, Bulgaria’s natural gas transmission operator, reported that the facility is expected to restore 75% of its processing capacity starting 1 October, with full output of around
