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Natural gas continues to drop in price

Photo: Alami/Reuters

Natural gas prices will continue to fall in the next two months. The Bulgarian gas company Bulgargaz submitted to the Commission for Energy and Water Regulation (KEVR) an application for approval of a price for June 2023 in the amount of 35 euros per megawatt hour (without prices for access, transmission, excise duty and VAT), which is 11.5% lower than the approved price for May. In July, natural gas prices are expected to fall by another 5.17% compared to June - to 33 euros/MWh.


A final natural gas price proposal for June 2023 will be submitted to KEVR on June 1, and the July natural gas price proposal on July 1, 2023, respectively.



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