Bulgargaz

Bulgaria: What is the Price of Natural Gas for June

The Energy and Water Regulatory Commission approved the price of natural gas, as of June 1, 2022, in the amount of BGN 141.36 / MWh (excluding prices for access, transmission, excise and VAT). At this price, Bulgargaz will sell natural gas to the final suppliers of natural gas and to persons who have been issued a license for production and transmission of heat.

Parliament Ratified an agreement that makes Bulgaria a Member of the OECD

The National Assembly ratified in two readings the Agreement on Economic Review, which makes our country an official member of the Organization for Economic Cooperation and Development (OECD), BNR reported.

During the debates, the ruling party and the opposition got into a dispute over the merits of our country's entry into the so-called "Club of the Rich".

Natural Gas in Bulgaria will be Cheaper this Month

The price of natural gas in Bulgaria in June will be lower than in May.

This became clear after the Energy and Water Regulatory Commission (EWR) published the proposal of the state supplier Bulgargaz, proposing that the price of gas for June be BGN 141.28 / MWh.

For May, EWRC approved the price of natural gas of BGN 162.17 / MWh.

Deputy PM considers Russia a Friendly Country, “as do most Bulgarians”

Leader of the Bulgarian Socialist Party (BSP), Deputy Prime Minister and Minister of Economy Kornelia Ninova told bTV that Russia is a friendly country towards Bulgaria. According to her, this is the opinion of the majority of Bulgarians, and therefore a large percentage did not want to send military aid to Ukraine, which has been the subject of military action by Russia since February 24.

Bulgaria: Forecast of 35% more Expensive Gas in May

The price of gas in May in Bulgaria will be equal to that on European stock exchanges. There, blue fuel is traded for about 100 euros, which means that the increase will be about 35% in May compared to the price in April. This forecast was made by the Energy and Water Regulatory Commission (EWRC) Chairman Stanislav Todorov during the open meeting of the regulator on Friday.

Hot Water in Sofia may become Cooler due to Problems with Natural Gas Supplies

"There is no danger of stopping the hot water in Sofia in the summer due to the suspended gas supplies by Gazprom. No regime will be introduced. However, it is possible to reduce the water temperature." This was stated to bTV by the member of the Supervisory Board of "Toplofikacia" (District Heating) Sofia Valentin Terziiski.

Bulgaria will not Suspend Gas Supplies to Serbia and Hungary but will Review Contracts with Gazprom

For the time being, Bulgaria has no intention of stopping transit gas to Serbia and Hungary. This became clear at a briefing by Bulgarian Energy Minister Alexander Nikolov, who gave more details about Gazprom's decision to suspend natural gas supplies to Bulgaria.

Gazprom: Gas Supplies to Poland and Bulgaria have been Suspended until they Pay in Rubles

Gazprom has completely cut off supplies to Bulgargaz and PGNiG because the countries do not pay in rubles for fuel.

This was announced by the holding, quoted by Reuters and TASS.

Deliveries will be suspended until payments are made, the concern added.

Transit through the two countries could be halted in the event of an illegal Russian gas withdrawal, Gazprom warned.

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