Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Lower natural gas prices as of May

Photo: bulgargaz.bg

The price of natural gas could go down, as of May, by more than the 7% envisaged. The reason is the collapse of the price of oil and its derivatives on the world markets over the past few days.

“The recalculations will be presented on 1 May,” said Bulgargaz CEO Nikolay Pavlov. Whether central heating and hot water prices will go down and by how much, as a result of the drop in natural gas prices, is yet to become clear. Under the agreement concluded recently between Bulgargaz and its Russian supplier Gazprom Export,  the price of oil is calculated every month according to a formula which includes the prices of oil and gas from several European hubs. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Two NATO logistics corridors will pass through Bulgaria

Bulgaria will be the intersection point of two NATO logistics transport corridors. Under an agreement signed at the NATO Summit in Washington, Italy, Albania, North Macedonia and Bulgaria will cooperate within the Pan-European Transport Corridor No...

published on 7/11/24 5:53 PM
Dzhevdet Chakarov (L) and Delyan Peevski (R)

The political forces see changes in the political configuration following the rift in DPS

Most political forces in parliament commented on what is happening in the Movement for Rights and Freedoms (DPS) as internal problems of DPS. According to the chairman of the GERB-SDS parliamentary group, Boyko Borissov, the fact that there is a..

published on 7/11/24 5:19 PM
Ramadan Atalay

Two more MPs leave MRF parliamentary group

After 17 MPs from the Movement for Rights and Freedoms, MRF, were expelled, among them the party’s other co-chair Dzevdet Chakarov, MRF MP Ahmed Vranchev expressed, in written form, a desire to leave the Movement’s parliamentary group. DPS..

published on 7/11/24 4:43 PM