Send to Kindle
@Pixabay
New adjustment of the price of natural gas for December. It will be slightly higher than announced a few days ago. What the energy regulator will approve this afternoon is BGN 146 and 83 cents per megawatt hour, Nova TV reported.
The proposal for a correction to a higher value was made this morning by "Bulgargaz". The Energy and Water Regulatory Commission (EWRC) explained the increase with sharp changes in world stock markets. "In the afternoon, the price of natural gas for December will be announced. The updated offer of ‘Bulgargaz’ is 146.83 cents - about 1 lev more than the announced one. Until a few days ago, it was believed that the price would be lower than announced, but in TTF the price of gas is increasing. The price in the winter months shows growth and it can be controlled in the only way so far through a rate of quantities from the gas storage in Chiren. It has a price significantly higher than that at which natural gas is sold to Bulgargaz. The reason is that it was stored during a period when the price of the exchanges was too high. There is another opportunity to influence the price in a positive direction - if the Law on corporate income taxation is adopted in the second reading, buying a smaller amount of natural gas from ‘Bulgargaz’ and increasing the influence of the Azeri gas company. This is how the price of gas can be lowered," explained EWRC chairman Ivan Ivanov.
Follow Novinite.com on Twitter and Facebook
Write to us at editors@novinite.com
Информирайте се на Български - Novinite.bg
/BGNES
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
In the early hours of Friday trading, the price of gold surged to an unprecedented peak, nearing the 2,400 USD per ounce mark
Bulgaria's state-owned energy company, "Bulgargaz," has suffered a significant setback, losing 27% of its market share as a result of a contract with the Turkish company "Botas"
A new report of a gas leak in Karnobat has sparked concern among residents and authorities, as emergency services rush to address the situation
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 Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
Oil prices have surged due to renewed concerns about the Middle East conflict. Brent crude futures increased by 0.32% to 90.80 USD per barrel, while American WTI crude rose by 0.3% to 86.50 USD per barrel
Bulgaria's state-owned energy company, "Bulgargaz," has suffered a significant setback, losing 27% of its market share as a result of a contract with the Turkish company "Botas"
A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament
Natural gas prices in Europe experienced a significant spike, surpassing 2% to reach 29 euros per megawatt-hour (MWh) on Monday
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
