Bulgargaz Plans to Seek No Change in Q2 Gas Prices

Bulgargaz Plans to Seek No Change in Q2 Gas Prices

Bulgaria's gas monopoly Bulgargaz said on Monday it would propose that natural gas prices for local consumers remain unchanged in the second quarter of 2014.

The company proposes keeping a price of 630 levs ($439/322 euro) per 1,000 cubic metres for the period April-June, net of value added tax and excise duties, Bulgargaz said in a notice on its website.

The price adjustment, made on a quarterly basis, must be approved by the Bulgarian energy regulator to take effect. Bulgargaz is obliged to disclose its pricing proposal to the public a month before submitting it for regulatory review.

Bulgaria imports almost all the natural gas it needs from Russia through a pipeline crossing the territories of Ukraine, Moldova and Romania.

Previous Next
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using

These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.

These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.

These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.