The New Gas Price in Bulgaria is almost 14% Higher

Business » ENERGY | May 14, 2022, Saturday // 08:35
Bulgaria: The New Gas Price in Bulgaria is almost 14% Higher @Pixabay

The Energy and Water Regulatory Commission (EWRC) set the new price of natural gas for May. It is nearly 14% higher or BGN 162.17 / MWh (excluding prices for access, transmission, excise and VAT). According to the regulator's calculations, due to the end of the heating season, the change in the price will have a minimal impact on the bills of household consumers.

Yesterday in the early afternoon the state company Bulgargaz submitted its forecast, and the EWRC met in closed session.

A few days ago, Bulgargaz requested a 30% price increase due to the need to pay for alternative supplies. This was not accepted by the EWRC and so the decision to adopt a new price of natural gas was postponed by 13 days. An inspection was also carried out at Bulgargaz by the Ministry of Energy, but no violations were found.

According to the latest calculations of the energy regulator, the reason for reducing the initial forecast is that the new price includes the quantities of natural gas that we receive from Azerbaijan.

The EWRC reminds that Bulgargaz's forecast for June so far envisages a price of BGN 140 per MWh, which is comparable to the one in April. The main reason will be the agreed deliveries of American liquefied gas during the month. The official application of the state gas company is expected to be submitted next week.

Follow Novinite.com on Twitter and Facebook

Write to us at editors@novinite.com

Информирайте се на Български - Novinite.bg

/BNT

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: EWRC, energy, gas, price
Advertisement
Advertisement
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