Send to Kindle
Bulgargaz, the leading public gas supplier in Bulgaria, anticipates a notable decrease in the price of natural gas for the upcoming month of May. According to Lyudmila Vitanova, head of the company's pricing department, the expected reduction could range between 5 to 6% compared to the current rate, currently set at BGN 58.84 per MWh (excluding access, transmission, excise, and VAT).
The announcement came during a session of the Energy and Water Regulatory Commission (EWRC), where Bulgargaz presented its proposed gas price for May. EWRC Chairman Ivan Ivanov highlighted a delay in the commercial operation of the Alexandroupolis liquefied natural gas terminal, which could affect gas deliveries to Bulgaria by approximately 20 days. This delay prompted concerns about meeting gas supply demands for the upcoming month.
In response to Ivanov's inquiry about the company's contingency plans, Vitanova explained that Bulgargaz had been notified by the terminal operator, Gaztrade, about the delay in commercial operations. As a result, Bulgargaz initiated an auction on the Balkan Gas Hub platform to procure additional volumes of gas to fulfill customer requests. The auction is scheduled for April 30, with Vitanova emphasizing that regardless of its outcome, Bulgargaz expects the May gas price to fall within the range of BGN 55 to 56.
The EWRC is set to convene a closed-door session on May 1 to deliberate and finalize the gas price for the upcoming month, taking into account Bulgargaz's proposal and prevailing market conditions.
The anticipated decrease in natural gas prices for May could offer relief to consumers and businesses, potentially translating into lower energy costs and enhanced economic competitiveness. However, uncertainties surrounding gas supply and market dynamics underscore the importance of vigilance and proactive measures to ensure energy security and stability.
The transition to the euro in Bulgaria has been met with a generally positive reception, though significant concerns remain regarding inflation and price regulation
The Commission for the Protection of Competition (CPC) recently held discussions with representatives of the Bulgarian Association of Wholesale and Retail Drug Traders (BATEDL) and the Association of Research-Based Pharmaceutical Manufacturers in Bulgaria
During the first full working week after Bulgaria joined the eurozone, wholesale prices for most basic food items moved upward, according to figures from the State Commission on Commodity Exchanges and Markets.
In the third quarter of 2025, Bulgaria was among the EU countries experiencing the strongest growth in house prices, according to Eurostat data. Across the euro area, the house price index rose by 5.1% year-on-year, while the EU overall saw a 5.5% increas
Inspections by Bulgaria’s tax authorities and the Consumer Protection Commission have revealed that many parking lots across the country have raised their prices unreasonably since January 1
Consumers are being urged to exercise caution during this year’s January discount campaigns, following the introduction of new rules tied to the adoption of the euro
American energy companies Chevron and Quantum Capital Group are reportedly preparing a USD22 billion bid to acquire the sanctioned Russian oil giant Lukoil
The first shipment of liquefied natural gas from the United States intended for Bulgaria in 2026 has already reached the LNG terminal in Alexandroupolis
From today, January 1, 2026, natural gas in Bulgaria becomes 3.3 percent cheaper, with the new price set at 31.15 euros, or approximately 61 leva, per megawatt-hour,
Bulgargaz has submitted a proposal for the price of natural gas in January, setting it at 60.93 BGN per MWh, which equals 31.15 EUR per MWh, excluding charges for access, transmission, excise duties, and VAT.
The upcoming year promises to be decisive for Bulgaria’s energy sector, determining whether the country will secure a strong position within Europe’s evolving energy and industrial framework or remain on the periphery
Bulgaria has offered to provide fuel oil to the Republic of North Macedonia after confirming that it holds sufficient reserves to meet domestic needs, according to the government press service.
Bulgaria's Strategic Role in the EU's Drone Wall Defense Initiative
When Politics Means Violence
