Bulgargaz Proposes 14.26% Cut in Q4 Gas Price
Monday, 14 September 2015
State-owned Bulgargaz has proposed to cut natural gas price for consumers by 14.26% in the fourth quarter of the year, a touch bigger decrease than initially planned.
The proposed price - subject to approval by Bulgaria’s energy regulator KEVR- is 207.6 euros per 1000 cubic metres free of VAT and excise, Bulgargaz said on its website. This is a decrease of BGN 69.06 per 1000 cubic meters compared to the third-quarter price of natural gas.
Bulgaria’s state-owned gas supplier said last month that it planned to cut gas price by 13.65% in the October-December period of 2015 due to an expected drop in the price of gas supplies.