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Natural gas to become significantly cheaper in June

published on 5/29/23 11:49 AM

Photo: BGNES

Natural gas prices should drop by 15% as of June 1. This proposal was submitted to the Commission for Energy and Water Regulation by the executive director of Bulgargaz, Denitsa Zlateva.

Initially, on May 11, it was discussed that the reduction would be 11%. At the regulator's open meeting, Zlateva argued that since the beginning of May, the price of the month-ahead market index in Europe has decreased by 14%, and it is expected to decrease further by the end of the month.

The regulator will make the final decision on June 1, which is when the new prices will come into effect.

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Radio Bulgaria Economy gas market gas prices natural gas prices

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