Send to Kindle
Bulgaria's Energy and Water Regulatory Commission (EWRC) has endorsed a price of 45.27 leva/MWh for natural gas, effective June 1, 2021, the regulator said in a press release on Monday.
The new price, which excludes the charges for access, transmission, excise duty and VAT, is 20 per cent higher than its May 1 level (37.71 per cent) and 122 per cent up from June 1, 2020.
The Energy and Water Regulatory Commission specified that the new higher gas price will not result in increase in prices of heating and electricity in June.
The press release lists three reasons for the natural gas price rise:
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May
The concluded winter presented unusually elevated temperatures and a 'milder' heating season for thousands of Bulgarians
EU Energy Commissioner Kadri Simson stated that by the conclusion of the previous month, gas reserves across the EU had reached a historical peak for this time of year, standing at 58% capacity
A new report of a gas leak in Karnobat has sparked concern among residents and authorities, as emergency services rush to address the situation
Natural gas prices have seen a steady decline in recent months, largely attributed to an oversupply of the blue fuel following a milder-than-anticipated winter season worldwide
The ruling party, led by GERB, knowingly approved the passage of the "Turkish Stream" gas pipeline through Bulgaria, according to recent revelations
As the May holidays mark the onset of sea tourism, Bulgarians and foreigners preparing for their annual getaways are facing a stark reality: trips this year will come with a heftier price tag
Sofia, the vibrant capital of Bulgaria, is experiencing a surge in its economic landscape, surpassing the average European standard of living, according to senior researcher Peter Ganev from the Institute for Market Economics
Mounting uncertainty looms over Bulgaria's anticipated entry into the Eurozone, with officials cautioning that the prospect may be delayed amidst persisting inflation challenges
In an unexpected turn, Bulgaria and Turkey have been notably absent from the list of the ten cheapest European summer destinations for British tourists
According to the latest data released by the National Statistical Institute, Bulgarian household incomes experienced a remarkable surge in 2023, reaching an average of BGN 10,846 per household member.
The National Statistical Institute's latest report unveils a marginal annual increase in the income of Bulgarians in 2023 compared to their expenses, marking a reversal of the trend observed in 2022
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
