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
Bulgarian investigative journalist Christo Grozev has been awarded the prestigious "Journalist of the Year" award at the PRIX EUROPA European media festival, which is supported by an alliance of 24 European public media outlets. Grozev, who is..
The Pumpkin Festival and the holiday of the village of Stefanovo will be held over the weekend, Dobrich Municipality announced. On Saturday, a solemn concert will be held with the participation of local bands, which will end..
To mark the 40th anniversary of Christo and Jeanne-Claude's monumental artwork, 'The Pont Neuf Wrapped', which transformed the iconic Parisian bridge into a work of art for fourteen days, the square adjacent to the bridge has been named 'Pont Neuf —..
To mark the 40th anniversary of Christo and Jeanne-Claude's monumental artwork, 'The Pont Neuf Wrapped', which transformed the iconic Parisian bridge..
On Saturday, the lowest temperatures will be between 2 and 7°C; in Sofia - about 2°C. Precipitation will begin to stop, but during..
The Pumpkin Festival and the holiday of the village of Stefanovo will be held over the weekend, Dobrich Municipality announced...
+359 2 9336 661