Following a decision of the Energy and Water Regulatory Commission, the price natural gas has increased with 32% for July to the tune of EUR 94.98 per megawatt-hour excluding taxes and fees. This is the price, at which Bulgargaz will sell gas to the final suppliers and to persons who have been issued a licence for generation and transmission of heat.
"The situation regarding gas suppllies across Europe is extremely complicated, but the good news is that we will have gas in July" said Stanislav Todorov, Chairman of the Energy and Water Regulatory Commission. In his words, the gas storage facility in Chiren must be filled to 80% of its capacity before the beginning of the heating season. "Prices will continue to rise, as long as the war in Ukraine continues," Stanislav Todorov predicted.
President Rumen Radev has returned for new discussion in the National Assembly the amendments to the State Agency for National Security (SANS) Act, adopted on October 2 this year, which assign the power to appoint or dismiss the chairman of the agency..
On Wednesday, the lowest temperatures will range between 6°C and 11°C, around 7°C in Sofia. Cloud cover will remain significant over most of the country, with rain showers in parts of Eastern Bulgaria and the mountains, more intense in the Rhodope..
In its new World Economic Outlook report, the IMF has raised its forecasts for Bulgarian economic growth this year and next, compared to its estimates from April. At the same time, IMF expects increase in inflation, as well as a decrease in the..
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