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

Career and Life - Why in Bulgaria Forum took place in London

A forum entitled "Career and Life - Why in Bulgaria?", organized by the Bulgaria Wants You platform, was held at the Royal Geographical Society in London on October 20. The event, which took place for the second time, attracted significant..

published on 10/21/24 9:28 AM

Fitch Ratings: Sofia could be ready to adopt the euro in early 2025

International rating agency Fitch Ratings has affirmed Bulgaria's long-term foreign and local currency credit rating at BBB with a positive outlook, the Finance Ministry said. The positive outlook reflects the country's prospects for eurozone..

published on 10/19/24 1:43 PM

After data update, Bulgaria's GDP for 2023 has increased

In 2023, Bulgaria's GDP growth was 1.9% higher in real terms compared to 2022. This is 0.1 percent more than the initially announced growth of 1.8%, the National Statistical Institute has reported.  The chairman of the institute,..

published on 10/18/24 1:30 PM