Bulgargaz Seeks No Change in Q1 2014 Gas Prices
Friday, 15 November 2013
Bulgaria's gas monopoly Bulgargaz proposed that the price local consumers will pay for natural gas in the first quarter of 2014 should remain unchanged at the end-2013 level.
The company proposes keeping a price of 630 levs ($427/322 euro) per 1,000 cubic metres for the first three months of 2014, net of value added tax and excise duties, it said in a statement published on its website.
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.