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

Chairman of Bulgaria’s energy watchdog: Natural gas prices are not expected to rise

Energy and Water Regulatory Commission’s Chairman Ivan Ivanov
Photo: BGNES-archive

Natural gas prices for November and December will not rise unless something extraordinary happens internationally, the Energy and Water Regulatory Commission’s Chairman Ivan Ivanov said at a round table in Sofia entitled “Green Transition”. 

In his words, the price of natural gas for November is expected to be even lower. Ivan Ivanov recalled that the price of natural gas for October decreased with 34%, which was mainly due to the fact that the Bulgaria-Greece gas interconnector started commercial operation on October 1. This was also due to the decline in natural gas prices at the Dutch gas trading exchange, which is a major hub for buying and selling gas. 

Ivan Ivanov pointed out that the EU gas storage facilities are 90% full and that Bulgaria’s gas storage facility is 77% full. 




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

Interim minister of the Interior Atanas Ilkov

Bulgaria's full Schengen membership will not open the floodgates to the EU, says Interior Minister

A quadripartite meeting of the interior ministers of Bulgaria, Hungary, Austria and Romania in Budapest on 22 November made it clear that Austria would lift its veto and that Bulgaria and Romania would probably become full members of Schengen from the..

published on 11/23/24 11:58 AM

President Rumen Radev meets the Bulgarian community in Singapore

President Rumen Radev met with Bulgarians living and working in Singapore during his visit to the Asian country on November 22-24. There are an estimated 400 Bulgarians living in Singapore. "Our diaspora in Singapore occupies a very special..

published on 11/23/24 10:07 AM

Sunny yet cold weather expected on Saturday

The weather on Saturday will be mostly sunny over most of Bulgaria. There will be considerable clouds in eastern Bulgaria before midday and rainfall is expected in the eastern areas, but precipitation will stop also there and clouds will break...

published on 11/22/24 7:35 PM