Europe Natural Gas Prices Surge to EUR 29/MWh Following Russian Attack on Ukrainian Facility
Natural gas prices in Europe experienced a significant spike, surpassing 2% to reach 29 euros per megawatt-hour (MWh) on Monday
Bulgaria's Energy and Water Regulator confirmed Tuesday natural gas and central heating price reductions.
The gas price is going down by 11,18% or BGN 69 per 1000 cubic meters compared to the first quarter of 2009. The state owned gas supply company Bulgargaz will sell gas in the next tree months to end suppliers and consumers at BGN 545,97 per 1000 cubic meters (no VAT included).
There will be additional reductions of gas prices in July and October 2009, the Head of the State Commission for Energy and Water Regulation, Konstantin Shushulov, announced.
Bulgargaz has been asked to submit their future prices' forecast by the end of the week.
In addition to gas prices, the Regulator lowered prices of central heating by a range of 5% to 8%.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
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
Oil prices have surged due to renewed concerns about the Middle East conflict. Brent crude futures increased by 0.32% to 90.80 USD per barrel, while American WTI crude rose by 0.3% to 86.50 USD per barrel
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"
A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022