Bulgaria's Energy Regulator Expected to Lower Natural Gas Price

Business » ENERGY | December 22, 2015, Tuesday // 08:50
Bulgaria: Bulgaria's Energy Regulator Expected to Lower Natural Gas Price

Bulgaria's Energy and Water Regulatory Commission (KEVR) will decide on Tuesday whether to decrease the price of natural gas by 2.3 %.

The proposal of KEVR is for a slightly higher reduction than the 2.1 % cut demanded by Bulgargaz, private bTV station informs.

If the report of KEVR is adopted, the price of natural gas in the first quarter will be nearly BGN 406 per 1000 cubic metres.

The price of natural gas has decreased by a total of 30 % over the course of 2015.

A new reduction of the price is possible in the second quarter of 2016.

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: Bulgargaz, KEVR, natural gas, Bulgaria, energy, price
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