Natural gas

Petrol plans major increase in electricity and gas prices

Ljubljana – Petrol, Slovenia’s largest energy company, will significantly increase the prices of electricity and natural gas on 1 December. The price of electricity is expected to rise by around 30% and of natural gas by 12%, with Petrol citing higher energy prices on international markets as the reason.

“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.

Record broken: $ 1,200

The price of November futures in the Dutch gas hub TTF jumped to 100 euros per MWh at the opening of this morning, or to 1,199.44 dollars for 1,000 cubic meters, but later dropped by 1.7 percent to about 1,150 dollars, reports TASS.