Energy and Water Regulatory Commission
Bulgargaz offers a Gas Price of BGN 124.35/MWh for February
BGN 124.35/MWh (excluding excise duty and VAT) is the final proposed price for February 2023 at which Bulgargaz EAD will sell natural gas to final suppliers and to persons who have been issued a license for the production and transmission of thermal energy.
"Economist": A Recession in Europe is Inevitable, Bulgaria will be among the Most Affected
Recession in Europe in the winter of 2022-2023 due to the energy crisis is now inevitable. Bulgaria will be one of the countries that will suffer because of the shrinking demand for its products in the EU.
Bulgaria: Natural Gas will Go Up in Price by 32%
Natural gas to rise in price by 32% retroactively from July 1, decided the Energy and Water Regulatory Commission (EWRC) in a closed session.
The open meeting at EWRC lasted only 5 minutes, at which the requested increase by "Bulgargaz" of the blue fuel retroactively from July 1st by 32% or BGN 186 per megawatt-hour was to be discussed.
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Energy Commission Chief: Bulgaria has Not Signed a Contract for the Supply of US LNG Yet
"If the storage in Chiren is not 100% full and the gas connection with Greece does not work, there is a risk of gas supply to consumers and district heating". This was stated on BNT by the chairman of the Energy and Water Regulatory Commission (EWRC) Stanislav Todorov. He also announced that a contract for the supply of American liquefied natural gas has not been signed yet.
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.
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.
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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.
Natural Gas Prices in Bulgaria will Rise by 25% in April
Natural gas prices will rise by more than 25% in April, the Energy and Water Regulatory Commission (EWRC) decided in the late afternoon yesterday. The main reason is the increase in supply prices on international markets. Due to another increase in the price of gas, the price of heating and hot water will increase, but from May.
Bulgarian President and Bulgarian PM in Dispute over North Macedonia and Bulgargaz
President Rumen Radev described the prime minister's visit to Skopje as hasty. Kiril Petkov did not agree with Radev's assessment.
Commenting on the dismissal of the director of Bulgargaz, the president noted that he was worried about inflation - how Bulgarians are coping with rising prices and high bills, as well as the future of energy.
“Bulgargaz” Demanded a Shock Increase in Gas Prices by as much as 36%. EWRC approved
"Bulgargaz" asked the Energy and Water Regulatory Commission to increase the price of gas for October by a shocking 36.2% compared to the previous month. This is extremely surprising, because the previous request was for a jump of "barely" 16%. The nominal expression of the requested increase means that a megawatt-hour will cost a little over BGN 94.