Natural gas

Bulgargaz Insists on 13 Percent Rise in Natural Gas Price, Warns of Repair Works along Turk Stream Pipeline

In the application submitted to the Energy and Water Regulatory Commission (KEVR) on May 11, Bulgargaz requested a 13 percent increase in the price of natural gas, compared to prices in May, or BGN 42.54. (excluding access fees, transmission, excise duty and VAT costs). This became clear during today's discussion on the price of blue fuel in KEVR.

Turkey could expand drilling in eastern Mediterranean: Minister

Turkey may drill more boreholes in its search for gas in the eastern Mediterranean, Energy Minister Fatih Dönmez said on May 24.

Turkey has already opened eight boreholes in the region, Dönmez said, adding that while there were signs of natural gas, there had been no economically significant discovery.

Turkey ranks 3rd worldwide with LNG import rises in 2020

Turkey ranked third in the world after China and India with an annual growth of 1.3 million tonnes in LNG imports in 2020, according to the latest report of the International Group of Liquefied Natural Gas Importers (GIIGNL).

China ranked first with imports of 7.2 million tonnes last year followed by India with 2.6 million tonnes.

Bulgarian Regulator Adopted Increase of Gas Price Backdating it April 1st

The Energy and Water Regulatory Commission (EWRC) decided to increase the price of natural gas backdating it from April 1.

New price will be to 33.19 BGN per megawatt-hour (excluding excise, VAT, storage and transmission fees), which means that the price is increased by almost 16 percent.

Outgoing Bulgaria’s Premier “Presented” Bulgarians with 24-Percent Natural Gas Price Rise

The right-hand man of Hristo Ivanov, MP of Democratic Bulgaria Hristo Mirchev, posted on his Facebook wall quite worrying news, given that the price of natural gas leads to price adjustments of almost everything. That is why the information that the "post-election" price of natural gas is jumping dramatically is, to put it mildly, alarming for Bulgarians in general.