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

Sofia best city in Europe to retire to: Moneypenny survey

Sofia is the best city in Europe to retire to, according to a survey by the business solutions company Moneypenny, Forbes  writes. The survey takes into account factors such as average cost of living, retirement savings needed, and a variety of..

published on 8/6/24 11:29 AM

The Bulgarian National Bank has lowered the base interest rate

The Bulgarian National Bank has lowered the base interest rate for the second consecutive month. As of August 1, it stands at 3.53%, down from 3.63% in July. Since the end of 2023, the base interest rate has been gradually falling. From February..

published on 8/1/24 11:39 AM

Low debt, Euro aspiration and EU membership are the positive factors in Moody's assessment of Bulgaria

Moody's expects Bulgaria to join the Eurozone no later than the beginning of 2026. According to the rating agency, the growth of the Bulgarian economy in 2024 will be 2.9%. The ongoing domestic political crisis and the likelihood of new early elections..

published on 7/30/24 12:30 PM