Bulgaria's Energy Watchdog Forecasts Another Electricity Price Hike
By the end of this year the electricity prices in Bulgaria might rise again, Ilian Iliev, member of the energy watchdog DKEVR told the Bulgarian National Television.
According to him, it probably will not be more than 3% and would most likely happen in October.
The price hike is necessary in order to cover the deficit of the National Electricity Company (NEK).
DKEVR calculations show that the profits in the next five years could cover a deficit of BGN 1 B.
- » Natural Gas Price Drops As Of New Year
- » Russia EconMin: Forfeit Demand on Bulgaria over South Stream 'Unlikely'
- » Die Presse: 'New Signs of Life' for South Stream from Bulgaria
- » Too Early for EU Response on Bulgaria's 'Gas Hub' Idea - Commission VP Georgieva
- » Russia Asks Bulgaria to Issue South Stream Construction Permits
- » South Stream Transport Terminates Production, Deliveries of Pipes