Sofia Exchange: No Grounds for Sharp Price Hikes, Market Remains Stable
The CEO of the Sofia Commodity Exchange, Vasil Simov, dismissed speculation about any dramatic price hikes on the market
Bulgargaz Announces Proposed 6.5% Increase in December's Natural Gas Price
- Tweet
Send to Kindle
@Pixabay
Bulgargaz, the public gas supplier of Bulgaria, revealed its proposed final natural gas price for December at 87.50 BGN/MWh (excluding excise duty and VAT), marking a 6.5% increase compared to November. The company emphasized that while this hike is lower than initially anticipated, it represents a significant rise for the upcoming month.
During an Energy and Water Regulatory Commission (EWRC) meeting, Bulgargaz's commercial director, Veselin Sinabov, initially forecasted a December price surge of 7.5% over November's rates. However, the final proposed increase, submitted by Bulgargaz to the EWRC on November 14, stood at 7.9%, with a proposed price of 88.61 BGN/MWh.
For November, the EWRC had approved a natural gas price of 82.12 BGN/MWh. Bulgargaz's announcement for December signifies a notable uptick in gas rates, potentially impacting consumers and businesses in the upcoming month.
Related Articles:
Sofia Proposes Price Hikes for Over 500 Municipal Fees and Services
More than 500 fees and service charges in Sofia are set to increase, some of them by up to 100%, under a new draft amendment published for public consultation by the Sofia Municipality
Society | June 11, 2025, Wednesday // 11:22
Bulgaria Fines Cherry Sellers After Price Spike on All Souls’ Day Amid Preparations for Euro Transition
Cherry sellers faced fines following a sharp price increase on All Souls’ Day
Society | June 10, 2025, Tuesday // 16:05
Euro vs. Leva: Can Bulgarians Afford More Bread After the Switch?
A recent Facebook post by Stanish Rangelov, head of the "Property and Risk Insurance" department, offered a straightforward calculation meant to illustrate the possible effect of euro adoption on the purchasing power of Bulgarians - using the price of bre
Society | June 8, 2025, Sunday // 15:44
Bulgaria's Finance Minister: We Will Not Allow Unjustified Price Hikes During Euro Adoption
The government will act firmly against any attempt to unjustifiably raise prices in the context of Bulgaria’s upcoming adoption of the euro
Bulgarian Mobile Operator Promises Clear and Fair Pricing for Services Ahead of Eurozone Entry
As Bulgaria prepares to join the eurozone, mobile operator A1 takes a clear and responsible stance:
Society | June 2, 2025, Monday // 16:00
Electricity and Heating Bills in Bulgaria Set to Rise from July 1
From July 1, 2025, electricity and thermal energy prices in Bulgaria are set to increase
Electricity and Heating Bills in Bulgaria Set to Rise by Nearly 5% from July
From July 1, 2025, Bulgarian households are expected to see an average increase of just under 5% in their electricit
Greece–Bulgaria Gas Link Now Covers Over 60% of Bulgaria’s Summer Supply
Since its commercial launch at the end of 2022, the Greece–Bulgaria gas interconnector (IGB) has transported more than 34.5 million MWh of natural gas
Oil Expert: Euro Changeover Won’t Impact Fuel Prices in Bulgaria
The upcoming changeover from the lev to the euro in Bulgaria will not drive fuel prices up
Greek Tycoon Slams Bulgaria Gas Link: Pipeline Serves Sofia, Not Athens
Greek media and energy sector figures have raised sharp criticism over the way the Greece-Bulgaria gas interconnector (IGB) is being operated, claiming it harms Greece’s national interests
Energy Minister: Bulgaria’s Eurozone Entry Will Not Affect Household Electricity Costs
Bulgaria’s Minister of Energy, Zhecho Stankov, has assured that the adoption of the euro will not lead to an increase in electricity prices
