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

Danube Bridge - Ruse

The new bridges between Bulgaria and Romania are a matter of political will

The start of the major repair of the Danube Bridge near Ruse is the reason for a serious conversation about the connectivity between Bulgaria and Romania. Along the 409 km long border, there are just two bridges and 5 ferries, some of..

published on 7/10/24 1:20 PM
Toshko Yordanov (L) and Tsoncho Ganev

Vazrazhdane and ITN want referendum on keeping the Bulgarian Lev, again

Vazrazhdane and There Is Such a People (ITN) are to submit, to the National Assembly, a draft decision for the holding of a referendum on preserving the Bulgarian Lev, said Vazrazhdane MP Tsoncho Ganev. This is an initiative which the previous..

published on 7/10/24 11:42 AM
Nayden Todorov in parliament

The National Culture Fund does not have administrative capacity, caretaker culture minister says

Answering a question in parliament, caretaker Minister of Culture Maestro Nayden Todorov stated that the National Culture Fund has a staff of only 11, people who have to distribute millions of euro for culture under the Recovery and Resilience Plan...

published on 7/10/24 11:04 AM