Price of Natural Gas in Bulgaria May Drop by over 13.6% as of October
Friday, 28 August 2015
The price of natural gas may drop by more than 13.6% as of October, according to Ivan Ivanov, Chair of the Commission for Energy and Water Regulation (KEVR).
Ivanov declared Thursday that a price drop exceeding the preliminary estimate of state-owned gas company Bulgariaz of 13.6% would mean that gas rates would have dropped by over 30% in a year.
He made clear that the gas price decrease was expected to result in a decrease in prices of heating and hot water ahead of the heating season.