Ivan Ivanov

Gas Price Will Rise by 2% as of 1st of July

''There has been a steady downward trend in the world oil prices over the past month, but it still can not affect the price of gas in Bulgaria and get it lowered'', the chair of the Energy and Water Regulaory Commission Ivan Ivanov said on 27th of June after an open meeting of the regulator which discussed the increase in the price of natural gas by nearly 2% as of 1st of July, BNT reported. 

Bulgaria Raising Gas Price by Nearly 5%

Natural gas will become more expensive as of January 01, but the increase will be much lower than what state-owned supplier Bulgargaz wanted, Bulgaria's energy watchdog has ruled.

At a meeeting, the Energy and Water Regulatory Commission (KEVR) has decided to push prices up by 4.65%, against the backdrop of a demand for a 13% rise.

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