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Parliament votes recalculation of prices of Russian gas

Photo: bulgargaz.bg

New amendments to Bulgaria's Energy Act oblige the state energy regulator to recalculate gas prices for the period August 5, 2019 - March 31, 2020. The amendment were voted today in Parliament at second reading. The public utility Bulgargaz will refund amounts under supply contracts with final suppliers for that period. Bulgargaz will recover the sums overcharged from the monopoly prices of the Russian supplier Gazprom, which have been revised. Suppliers will then pay compensation to their end customers.


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