Deep Black Sea Gas Will Be Bulgaria’s Cheapest, State to Benefit from Concessions
Bulgaria has taken a significant step toward exploring its deep-sea energy potential
Bulgargaz Proposes 14.26% Cut in Q4 Gas Price
- Tweet
Send to Kindle
State-owned Bulgargaz has proposed to cut natural gas price for consumers by 14.26% in the fourth quarter of the year, a touch bigger decrease than initially planned.
The proposed price - subject to approval by Bulgaria’s energy regulator KEVR- is BGN 415.20 (EUR 207.6) per 1000 cubic metres free of VAT and excise, Bulgargaz said on its website. This is a decrease of BGN 69.06 per 1000 cubic meters compared to the third-quarter price of natural gas.
Bulgaria’s state-owned gas supplier said last month that it planned to cut gas price by 13.65% in the October-December period of 2015 due to an expected drop in the price of gas supplies.
Bulgargaz CEO Petyo Ivanov told BNR radio broadcaster earlier this week that the price of gas could be lowered further in the first quarter of next year.
Related Articles:
EU Considers Legal Routes to Exit Long-Term Russian Gas Deals Without Penalties
The European Commission (EC) is reviewing legal mechanisms that would allow European energy companies to exit long-term contracts with Russian suppliers without incurring significant financial penalties
Bulgaria Signs Black Sea Oil and Gas Exploration Deal with Shell
A contract for the exploration and extraction of oil and natural gas in Block 1-26 Khan Tervel, located within Bulgaria’s exclusive economic zone in the Black Sea, is being officially signed today
Bulgaria and Turkey Strengthen Energy Ties to Replace Russian Gas
Bulgaria is intensifying efforts to enhance regional energy security through the development of strategic infrastructure aimed at reducing dependence on Russian gas
Bulgargaz Drowns in Debt: 280 Million Leva Loss and Mounting Obligations to Turkey
Bulgargaz is currently facing serious financial difficulties, with projected losses for 2024 amounting to 280 million leva
Bulgargaz Proposes 14.3% Drop in Natural Gas Prices for April
Bulgargaz has proposed a significant reduction in natural gas prices for April
Deep Black Sea Gas Will Be Bulgaria’s Cheapest, State to Benefit from Concessions
Bulgaria has taken a significant step toward exploring its deep-sea energy potential
Bulgaria Halts Sale of Nuclear Reactors to Ukraine Over Energy Security Concerns
The two nuclear reactors from Bulgaria's Belene Nuclear Power Plant will not be sold to Ukraine
Bulgaria Signs Black Sea Oil and Gas Exploration Deal with Shell
A contract for the exploration and extraction of oil and natural gas in Block 1-26 Khan Tervel, located within Bulgaria’s exclusive economic zone in the Black Sea, is being officially signed today
Bulgaria's Nuclear Energy Potential for AI and Data Centers
Bulgaria is exploring the possibility of leveraging its nuclear power capabilities to attract the IT sector, particularly in the field of artificial intelligence (AI) and data centers
Bulgaria and Turkey Strengthen Energy Ties to Replace Russian Gas
Bulgaria is intensifying efforts to enhance regional energy security through the development of strategic infrastructure aimed at reducing dependence on Russian gas
End of an Era: Last Russian Nuclear Fuel Delivered to Bulgaria's Kozloduy NPP
The final shipment of Russian nuclear fuel for Bulgaria's Kozloduy Nuclear Power Plant has arrived
