Price of Natural Gas in Bulgaria Drops by 0.05%
Photo by EPA/BGNES
Gas prices in Bulgaria drop by 0.05% as of January 1, 2015, following a decision of the State Commission for Energy and Water Regulation (DKEVR).
As a result of the price decrease, 1000 cubic meters of natural gas will cost BGN 603.14, VAT excluded, excise duty excluded, in the first quarter of 2015.
State-owned gas supplier Bulgargaz demanded an increase by over BGN 12 per 1000 cubic meters of gas, but their request was not approved.
DKEVR Chair Svetla Todorova predicted a new gas price decrease in April in an interview for the Bulgarian National Radio.
She also said that electricity prices for household consumers would increase again in April or in July, adding that the extent of the price hike would depend on energy sector reforms.
Bulgaria: Bulgargaz Seeks Nearly 4% Gas Price Hike for February
Bulgargaz has submitted a proposal to the Energy and Water Regulatory Commission (EWRC) for a nearly 4 percent increase in natural gas prices starting February.
Bulgaria Maintains Europe’s Lowest Household Electricity Prices, Minister Says
Energy Minister Zhecho Stankov has firmly rejected claims by former Finance Minister Asen Vassilev from "We Continue the Change" that Bulgaria’s inflation is driven by high household electricity prices
The U.S. and Bulgaria Expand Civil Nuclear Energy Partnership on Small Modular Reactors under the FIRST Program
The U.S. Department of State, the University of National and World Economy (UNWE), and Bulgarian Energy Holding (BEH) yesterday concluded two seminars on stakeholder engagement and industrial applications of small modular reactors (SMRs)
US Extends License for Sale of Lukoil Assets Abroad, Including Bulgaria
Washington has prolonged the validity of a US license allowing negotiations for the sale of foreign assets owned by the Russian oil major Lukoil, extending it until February 28
Bulgaria Takes 10% Stake in Black Sea Oil and Gas Exploration with OMV and NewMed
Bulgaria is set to take an active role in oil and gas exploration in the Black Sea, joining forces with international energy companies OMV and NewMed, outgoing Energy Minister Zhecho Stankov announced
Americans Eye Lukoil Acquisition, Including Bulgaria’s Burgas Refinery
American energy companies Chevron and Quantum Capital Group are reportedly preparing a USD22 billion bid to acquire the sanctioned Russian oil giant Lukoil










