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

Energy regulator: In November, the price of gas should drop by more than 20%

Ivan Ivanov
Photo: BGNES

"The price of gas that Bulgargaz will charge in November will continue to fall and will be between 90 and 100 euros per MWh". This is the opinion of the Chairman of the Bulgaria's Energy and Water Regulatory Commission Ivan Ivanov. 
"European gas storage facilities are 91% full and despite the aggravating situation in Ukraine, I believe that Vladimir Putin's means to use natural gas as a weapon have been exhausted. In addition to Europe being prepared for the heating season, Germany is set to bring two liquefied natural gas terminals on its northern side into operation within one month.  At the same time, the Norway-Denmark-Poland pipeline and our interconnector (IGB - ed.) are already operational and Europe is becoming independent of Russian natural gas," Ivanov added.


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

Bulgarian National Bank building

Bulgarian National Bank lowers economic growth outlook

Bulgaria’s real GDP growth is expected to stand at 2.1% in 2024, indicates the macroeconomic forecast of the Bulgarian National Bank (BNB) in June. Bulgaria’s real GDP growth is expected to stand at 2.1 per cent in 2024, driven by the positive..

published on 7/20/24 10:26 AM

Bulgaria to ask European Commission to amend recovery and resilience plan

The caretaker government has instructed Deputy PM and Minister of Finance Lyudmila Petkova to submit, by 11 September, a proposal for amending the REpowerEU chapters of the recovery and resilience plan. This is being done so as to make the..

published on 7/18/24 12:10 PM
Andrey Gyurov

BNB wants the court and the parliament to rule on the case involving Deputy Governor Andrey Gyurov

Andrey Gyurov will cease to perform his duties as Deputy Governor in charge of the Issue Department and Member of the Governing Council of the Bulgarian National Bank (BNB) until the court and parliament make a decision, the BNB announced. The..

published on 7/17/24 9:23 AM