Text size

Bulgargaz: No gas price increase in August

published on 7/27/23 2:20 PM

Photo: BGNES

Natural gas prices in August will remain the same or slightly lower than in July, Bulgaria's largest gas distribution company Bulgargas predicted during a discussion at the Energy and Water Regulatory Commission. Two weeks ago, forecasts anticipated a three percent increase in the price of the raw material.

The current more optimistic prognosis is based on the fact that prices on the Dutch exchange, on which the levels in Bulgaria depend, have fallen, explained Energy Regulatory Commission Chairman Ivan Ivanov.

The final decision on gas prices will be taken on August 1 and will come into force immediately.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy August Bulgargaz gas prices prognisis

More from category

Bulgaria will apply method used in France and Spain to combat hail

There will be pilot testing of ground-based silver iodide generators for hail protection in two zones where the use of rockets is not allowed, the Deputy Minister of Agriculture Ivan Kapitanov said. At a meeting with Claude Berthet,..

published on 10/24/24 11:21 AM

Political instability is a major challenge for German investors in Bulgaria

The German economy has been shrinking and the government expects a decline of 0.2% of GDP. Some of the main reasons for this include unresolved structural problems related to lack of energy security, excessive bureaucracy and shortage..

published on 10/24/24 9:15 AM

Experts about Bulgaria’s financial policy as the country edges towards a new parliament and a draft budget for 2025

After the election for parliament on 27 October, the caretaker government has to submit a draft of a budget for 2025 to parliament by the end of the month. Some economic analysts say the budget of the country for 2024 is the worst in the past decade. Holes..

updated on 10/23/24 12:52 PM