Bulgargaz Demands 32.44% Increase in Gas Prices

Business » ENERGY | February 13, 2017, Monday // 09:25| Views: | Comments: 0
  • Send to Kindle
Bulgaria: Bulgargaz Demands 32.44% Increase in Gas Prices File photo, EPA/BGNES

Bulgaria's state-owned gas supplier has announced the prices of natural gas will have to go up by nearly a third as of April this year.

In a statement, the company has cited higher supply costs as of the next quarter.

Another argument is the current BGN/USD exchange rate.

The new proposal will be submitted to the Energy and Water Regulatory Commission at its next session on March 10.

Energy » Be a reporter: Write and send your article
Tags: Bulgargaz, gas
Expats.bg All Are Welcome! Join Now!
Advertisement
Advertisement
Please, log in to post a comment.
» To the forumComments (0)
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria