Petrol’s loss increased in the first quarter of 2017 – Bulgaria, 30 May 2017

Bulgarian fuel retailer Petrol announced that its consolidated net loss has increased to 3 million euros in the first quarter of 2017 from 2.15 million euros in the same period last year. The company’s total revenues increased to 53.4 million euros in the first three months of the year, from 51.8 million euros recorded in […]

Production and delivery of energy products in March – Bulgaria, 30 May 2017

According to Bulgarian National Statistical Institute, production of electricity in March 2017 decreased by 2.5 % compared to February, to 3,956 GWh, while deliveries of electricity also dropped by 10.2 % on monthly basis and amounted to 3,056 GWh. Production of natural gas in March 2017 decreased by 9.1 % compared to the previous month […]

Tender for HPP Vjosa construction – Albania, 30 May 2017

The Albanian Ministry of Energy announced that it has published an international tender for 35-years long concession for the construction, operation and transfer of hydropower plant on Vjosa river in southern Albania. According to the statement from the Ministry, submitted offers will be evaluated by six criteria: proposed amount of the concession fee, environmental and […]