In January natural gas will cost BGN 133.41 a MWh, excluding taxes and other levies, the Energy and Water Regulatory Commission has decided. This means a price rise of over 30%.
The gas operator Bulgargaz declared that even with this latest hike, the price still remains much lower than the prices on European exchanges. According to the company, the price hike couldn’t have been avoided even if Bulgaria received the entire contractual quantity of gas from Azerbaijan instead of one-third as it the case now. Bulgargaz says that during the winter months even the entire contractual quantity of Azeri gas would not be enough to meet one-quarter of the consumption in Bulgaria. The main factor for the natural gas price hike is the price rise on the European exchanges on which the price in this country depends.
Reporting by Juliana Kornazheva
Conditions for mountain hiking are good until midday, with the exception of the Balkan Range, where there will be fog and rain, the Mountain Rescue Service says. In the afternoon the weather conditions will worsen and mountain hiking is not..
The Bulgarian Foreign Ministry is posting additional staff at consular missions to cope with the tourist industry’s increasing needs of foreign workers during the summer season, reads the Foreign Ministry’s position regarding an interview given by..
Caretaker Energy Minister Vladimir Malinov is on a working visit to Turkey. Today he will hold talks in Istanbul with his Turkish counterpart, Dr Alparslan Bayraktar, Minister of Energy and Natural Resources. The meeting is on the initiative of..
Hail storm caused huge damage in the regions of Plovdiv, Haskovo, Stara Zagora and Sliven. No people were injured but crops in many..
Today Bulgaria is hosting a global event of the Organisation for Economic Co-operation and Development. The results of the organisation's global..
On Saturday, minimum temperatures in the country will be between 5 and 10°C, around 5°C in Sofia. The morning will be sunny. In the afternoon it will be..
+359 2 9336 661