Bulgargaz Forecasts 5-6% Dip in Natural Gas Prices for May
Bulgargaz, the leading public gas supplier in Bulgaria, anticipates a notable decrease in the price of natural gas for the upcoming month of May. According to Lyudmila Vitanova
“I can state unequivocally that there will be no change in the price of heating energy for the consumers of heating energy as of January 1, 2017,” announced the chairman of the Energy and Water Regulatory Commission (KEVR) Ivan Ivanov, reported BGNES.
“I hope that, by December 30, our opinion will be confirmed via a decision of KEVR. The price of heating energy for consumers, both households and businesses, will not be changed until the end of the heating season,” said Ivanov.
On the other hand, Ivanov stated that the demands of Toplofikatsiya Sofia for an increase in the price of central heating are unjustified, given the estimated change in the price of natural gas.
“The law is unequivocal that this may happen only if there is a significant change of the price-forming element. A 5% increase in the price of natural gas, as proposed by KEVR, is not a significant change in the price of natural gas. A significant change occurs when there is a serious change in the price of the end product of heating and electric energy produced in a highly efficient way by heating plants,” explained Ivanov.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
The Kozloduy Nuclear Power Plant (NPP) in Bulgaria is set to embark on a significant transition as it begins the process of replacing Russian nuclear fuel with American fuel from Westinghouse
Bulgargaz, the leading public gas supplier in Bulgaria, anticipates a notable decrease in the price of natural gas for the upcoming month of May. According to Lyudmila Vitanova
Eurostat's latest findings have shed light on the shifting landscape of household energy prices in the European Union, with Bulgaria emerging as a frontrunner in affordability.
The Nuclear Regulatory Agency (NRA) has greenlit the phased transition to a new type of nuclear fuel for Unit 5 of Kozloduy Nuclear Power Plant (NPP), manufactured by Westinghouse
In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May
The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022