The Resurgence of Natural Gas: A Clean and Affordable Energy Solution
The concluded winter presented unusually elevated temperatures and a 'milder' heating season for thousands of Bulgarians
Bulgargaz Demands 32.44% Increase in Gas Prices
- Tweet
Send to Kindle
File photo, EPA/BGNES
Bulgaria's state-owned gas supplier has announced the prices of natural gas will have to go up by nearly a third as of April this year.
In a statement, the company has cited higher supply costs as of the next quarter.
Another argument is the current BGN/USD exchange rate.
The new proposal will be submitted to the Energy and Water Regulatory Commission at its next session on March 10.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Related Articles:
Historic Levels: EU Gas Storage Facilities at 58% Capacity
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
Bulgargaz Loses 27% Market Share Due to Contract with 'Botas
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"
Gas Leak Emergency in Karnobat: People Seek Medical Assistance
A new report of a gas leak in Karnobat has sparked concern among residents and authorities, as emergency services rush to address the situation
Global Gas Glut Forecasted to Reach Multi-Decade Highs
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
World | April 2, 2024, Tuesday // 14:48
Bulgarian Authorities Knew They Were Helping Putin Against Ukraine With “TurkStream”
The ruling party, led by GERB, knowingly approved the passage of the "Turkish Stream" gas pipeline through Bulgaria, according to recent revelations
Politics | March 22, 2024, Friday // 14:47
Greek Electricity Giant Acquires Bulgarian Solar Parks
The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
Oil Prices Surge Amid Middle East Tensions
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
Bulgargaz Loses 27% Market Share Due to Contract with 'Botas
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"
Bulgaria Sees Surge in Solar Power and Coal Plant Decline in 2023 Electricity Report
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
Europe Natural Gas Prices Surge to EUR 29/MWh Following Russian Attack on Ukrainian Facility
Natural gas prices in Europe experienced a significant spike, surpassing 2% to reach 29 euros per megawatt-hour (MWh) on Monday
Ukraine Eyes Nuclear Reactor Deal with Bulgaria Amid Energy Crisis
Amidst Ukraine's urgent need for additional power sources following the closure of the Russian-controlled Zaporizhzhia nuclear power plant
