Bulgargaz Seeks 9.3% Cut in Gas Prices for Q1

Bulgargaz Seeks 9.3% Cut in Gas Prices for Q1

Bulgaria's gas monopoly Bulgargaz said it is seeking a 9.3% cut in the price of natural gas that local consumers will be charged in the first quarter of 2013.

The proposed reduction to 660.64 levs ($435.9/337.8 euro) per 1,000 cubic metres, value added tax excluded, comes as a result of the lower delivery prices agreed with Russia's Gazprom, the company said in a statement.

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.

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.