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
Bulgaria was hit by severe weather on Friday, with snow in the western parts and torrential rain in the East, the Bulgarian News agency BTA reported. Three men, including two rescuers died in a coastal resort after heavy rainfall..
Krastyo Peev from the Civic Association “Public Council” in Nessebar has reported to the Bulgarian National Radio about “dead people and people trapped in hotels that need to be evacuated and dozens of cars and pavilions in the sea”..
Velichie party leader Ivelin Mihaylov said in parliament that together with MECH and Vazrazhdane parties they have collected the necessary signatures to file a complaint with the Constitutional Court. They are challenging the..
The Pumpkin Festival and the holiday of the village of Stefanovo will be held over the weekend, Dobrich Municipality announced...
Bulgarian investigative journalist Christo Grozev has been awarded the prestigious "Journalist of the Year" award at the PRIX EUROPA European media..
Mostly Cloudy
Partly Cloudy