Transport economics

Bulgaria's energy watchdog has proposed a 14.26% reduction in the price of natural gas to a rate of BGN 484.26 per 1000 cubic meters, VAT excluded, excise duty excluded, as of October.

Turkey's national carrier has revised its yearend passenger and load factor targets down on Sept. 19, after it did the same for its yearend revenue expectation last month. 

Turkey's national carrier has revised its yearend passenger and load factor targets down on Sept. 19, after it did the same for its yearend revenue expectation last month. 

State-owned Bulgargaz has proposed to cut natural gas price for consumers by 14.26% in the fourth quarter of the year, a touch bigger decrease than initially planned.

State-owned Bulgargaz said on Monday it plans to cut natural gas price for consumers by 13.65% in the fourth quarter of the year due to an expected drop in the price of gas supplies.

Citing analyses of the World Bank, Regional Development Minister Lilyana Pavlova has suggested that Bulgaria needs to substantially increase investments in roads and to increase road tolls.

The government is said to be pondering major changes to the way that vehicles are withdrawn from circulation and road tax is calculated.

Bulgargaz is expected to ask Bulgaria's energy regulator on Wednesday to cut gas prices for consumers for the second quarter of the year by 13.3% compared to the prior quarter.

The Turkish government’s new economic plan stipulates a policy that would introduce a fee on motor vehicles in metropolitan city centers, including Istanbul’s Taksim neighborhood.

Ekaterina Zaharieva, Bulgaria's caretaker Deputy Prime Minister and Minister for Regional Development and Investment Planning, has underscored the need to introduce a road toll system.

Zaharieva told journalists Thursday that a road toll system would guarantee adequate levy rates for the vehicles inflicting the highest degree of road damage, including as trucks and heavy machines.