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

ALDE could expel the Movement for Rights and Freedoms

Several European liberal parties have sent a letter to the Alliance of Liberals and Democrats for Europe (ALDE) to demand that Delyan Peevski be monitored, pointing out that he has been sanctioned for corruption by the US under the Global Magnitsky..

published on 7/11/24 3:23 PM
L to R: Atanas Zapryanov, Angel Tilvar, Nikos Dendias

Bulgaria, Greece and Romania to set up military corridor in NATO’s Eastern flank

Greece’s Minister of Defence Nikos Dendias announced that Greece, Bulgaria and Romania are to establish a military mobility corridor in NATO’s Eastern flank. “Today my Bulgarian and Romanian counterparts, Mr. Atanas Zaprianov and Mr. Angel..

published on 7/11/24 1:17 PM

DPS parliamentary group splits, the second mandate for cabinet goes to PP-DB

The parliamentary group of the Movement for Rights and Freedoms (DPS) has excluded 17 MPs. Among them is the co-chairman Dzhevdet Chakarov. The decision was read in the plenary hall by the Deputy Speaker of the National Assembly,..

published on 7/11/24 11:25 AM