Bulgarian Energy Regulator Approves 3.51% Hike in Q1 Wholesale Gas Price

Bulgarian Energy Regulator Approves 3.51% Hike in Q1 Wholesale Gas Price

Bulgaria's energy regulator said on Friday it has approved a 3.51% increase in the regulated wholesale gas price for the first quarter of 2019, in line with the proposal of state-owned gas supplier Bulgargaz. The new price will be 44.80 levs ($26.2/22.9 euro) per MWh, free of VAT and excise, the Energy and Water Regulatory Commission said in a statement. Bulgarian energy regulations require Bulgargaz to set the gas price quarterly, taking into account global oil prices and the lev/dollar exchange rate. The Energy and Water Regulatory Commission has the final say on proposed changes in the wholesale price, at which the company sells natural gas to end-suppliers and customers directly connected to its transmission network.

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.