Send to Kindle
KEVR Chairman Ivan Ivanov. Photo by BGNES
Bulgaria’s energy regulator KEVR has endorsed a proposal by gas utility Bulgargaz to cut gas price for end suppliers by 9.97% for the third quarter.
The new price would be BGN 281.08 (EUR 143.71) per 1,000 cubic meters, free of VAT and excise, KEVR said in a statement on Tuesday.
The cut in the price is equivalent to BGN 31.13 per 1,000 cubic meters.
End suppliers will sell gas to end consumers connected to the low-pressure network of transmission operator Bulgartransgaz for BGN 288.80 per 1,000 cubic meters, free of VAT and excise, in the third quarter.
Bulgargaz had proposed to cut gas price by 9.97% for the third quarter of 2016 citing an expecred drop in the price of gas supplies. Natural gas price in Bulgaria has been cut by 48% since the start of the 2016.
Energy Minister Zhecho Stankov shared encouraging news for Bulgaria’s energy sector, highlighting that financial institutions are prepared to provide funding eight times greater than what is required for the construction
Starting today, toll cameras on Bulgaria’s highways will begin issuing fines to drivers caught using emergency lanes unlawfully
From August, the familiar large digital boards and fuel pumps at gas stations across Bulgaria will not be showing prices simultaneously in both leva and euros
Bulgaria is set to adopt the euro as its official currency on January 1, 2026, becoming the 21st member of the eurozone
The European Council's decisions from July 8, 2025, marked the final approval for Bulgaria to adopt the euro as its official currency starting January 1, 2026
Scope Ratings has upgraded Bulgaria’s long-term credit rating from ‘BBB+’ to ‘A-’ in both local and foreign currency terms
Energy Minister Zhecho Stankov has firmly criticized the 2022 agreement between state-owned Bulgargaz and Turkish company Botas, arguing that there was no objective reason to enter into such a deal
Authorities have launched a wide-ranging investigation into the controversial gas transmission agreement between Bulgaria’s state-owned Bulgargaz and the Turkish company Botas
The European Commission is preparing a new phase of green legislation that could significantly impact fuel prices across the EU
As of July 1, a new pricing period begins for household electricity, heating, and hot water in Bulgaria
At an open session, the Energy and Water Regulatory Commission (EWRC) reviewed a proposal submitted by Bulgargaz EAD on June 10, 2025, for setting the July sale price of natural gas to end suppliers and licensed heating energy producers
The upcoming rise in electricity prices starting in July is expected to influence inflation in Bulgaria
Borderless Bulgaria: How Schengen Benefits Are Transforming Trade and Logistics
Bulgaria's Mortality Rate Remains Highest in Europe
