Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgaria proposes gas price cap at EUR 150 per megawatt hour

Bulgaria’s caretaker Minister of Energy Rosen Hristov
Photo: BGNES

"Natural gas has been secured for the winter period", Bulgaria’s caretaker Minister of Energy Rosen Hristov said for bTV. 

“We have received offers and we are negotiating the price. If we manage to secure additional quantities of natural gas at a lower price, we will reduce the quantity that is pumped out of the gas storage facility in Chiren, which will allow us to keep the price lower”, Minister Hristov noted.

“There is no shortage of gas, which means that prices should remain at the current levels", said Minister Hristov. "The only impediment is the policy of the Netherlands, which has proposed a gas price cap at EUR 275 per megawatt hour. This is sending wrong signals to traders. Our position is that this cap should not exceed EUR 150 per megawatt hour," said Rosen Hristov.




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

Gabrovo's landmark buildings to become hubs for innovation and entrepreneurship

The municipality of Gabrovo has secured nearly 17 million leva in funding to develop an "innovation valley", local authorities have announced.  The project includes the transformation of the former Radion Umnikov School into a centre for digital skills..

published on 7/20/25 11:45 AM

Bulgaria ranks second in EU for house price growth in early 2025 – Eurostat

Bulgaria recorded the second-highest annual house price growth in the European Union in the first quarter of 2025, according to Eurostat data released this week. A 100 square meter apartment in Bulgaria costs 199 average monthly salaries Property..

published on 7/17/25 11:15 AM
Minister of Finance Temenuzhka Petkova

Temenuzhka Petkova: June inflation is expected to meet the euro area price stability criterion

Bulgaria’s Minister of Finance Temenuzhka Petkova announced that Bulgaria is expected to meet the eurozone's price stability criterion again in June. According to Minister Petkova, monthly inflation for June was 0.4% compared to May, when inflation was..

published on 7/16/25 1:21 PM