Bulgargaz Proposes 0.67% Cut in Gas Prices in Q4

Bulgargaz Proposes 0.67% Cut in Gas Prices in Q4

Bulgaria's gas monopoly Bulgargaz said it proposed a 0.67% cut in the price of natural gas for local consumers to 728.34 levs ($476.04/372.4 euro) per 1,000 cubic metres, value-added tax excluded, for the fourth quarter of 2012.

The proposal reflects the 11% cut in gas delivery prices until the end of the year that Bulgaria negotiated with Russia’s Gazprom, Bulgargaz said in a statement published on its website on Monday.

The price adjustment, made on a quarterly basis, must be approved by the Bulgarian energy regulator to take effect.

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.