Price of Natural Gas in Bulgaria Drops by 7.53% as of July 1

Business » ENERGY | June 26, 2015, Friday // 14:41| Views: | Comments: 0
Bulgaria: Price of Natural Gas in Bulgaria Drops by 7.53% as of July 1 Photo by BGNES

The price of natural gas drops by BGN 40, from BGN 524 to BGN 484 per 1000 cubic meters of gas, from July 1, according to a decision of Bulgaria’s Commission for Energy and Water Regulation (KEVR).

KEVR Chair Ivan Ivanov made clear Friday that the proposal of state-owned gas supplier Bulgargaz for a 7.11% price decrease had been revised by the energy watchdog to a 7.53% price decrease.

Ivanov, as cited by the Bulgarian Telegraph Agency, noted that the price drop would affect heating rates and the price of electricity produced by co-generation plants.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Energy » Be a reporter: Write and send your article
Tags: natural gas, energy watchdog, Commission for Energy and Water Regulation, KEVR
Advertisement
Advertisement
Expats.bg All Are Welcome! Join Now!
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