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The Head of DKEVR, Angel Semerdzhiev, expects gas prices in Bulgaria to go up only by 6%. Photo by BGNES
Bulgaria's State Commission for Energy and Water Regulation (DKEVR) gave Monday a green light for 11% gas price increase.
The decision was made during a meeting held behind closed doors. The Bulgarian gas supply company Bulgargaz, wants a 26% price hike while it is expected the cabinet will reduce the DKEVR price increase to 6%.
The Head of DKEVR, Angel Semerdzhiev, announced there is a possibility that the Minister of Economy and Energy, Traicho Triakov, can order a price lower than the one set by the Commission which will keep prices of heating and hot water at the current level or will lead to a very small price increase.
Traikov is on an official visit to Mexico and is expected to announce the 6% price increase upon his return. His Ministry will have to find a way to compensate Bulgargaz for the difference.
The labor unions demand a freeze on the prices, and are backed by the employers, who say a price hike will harm industrial productions using natural gas.
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