Bulgargaz Loses 27% Market Share Due to Contract with 'Botas
Bulgaria's state-owned energy company, "Bulgargaz," has suffered a significant setback, losing 27% of its market share as a result of a contract with the Turkish company "Botas"
Gas Prices in Bulgaria Down 2.73% in Q2, 2014
Business | March 26, 2014, Wednesday // 13:52
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Photo by BGNES
Bulgaria's State Commission for Energy and Water Regulation (DKEVR) has approved the proposal of Bulgargaz to reduce the price of natural gas by 2.73% as of April 1, 2014.
The price of natural gas in the second quarter of 2014 will be BGN 612.80 per 1000 cubic meters, VAT excluded, excise duty excluded.
State-owned gas supplier Bulgargaz clashed with the energy watchdog on the extent of the gas price cut in Q2, 2014, with Bulgargaz seeking a decrease by no more than 2.73% and DKEVR proposing a reduction by 4.56%.
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