Bulgargaz is seeking a rise in the price of natural gas, and is proposing EUR 152 per MWh for August, the gas company writes on its website. This means it is proposing a price hike of around 60% compared to July when it was EUR 95 per MWh.
The reason the state-run company is citing for this dramatic price rise is the increase in the buying price of natural gas. By way of comparison, prices on the European gas supply markets in August 2022 are in excess of EUR 171 per MWh, the company says. The Energy and Water Regulatory Commission is to set a date for a public discussion of the price hike proposed by Bulgargaz.
“We cannot rule out some gas deliveries from Russia. There are Russian gas deliveries even now – via other Russian companies or subsidiary companies,” Ilian Vassilev, former ambassador of Bulgaria to Russia (2000-2006) commented for the BNR.
A business forum entitled "Strengthening economic ties between Bulgaria, Turkiye and Romania" will be taking place today at the International Congress Center in Burgas . The main goal of the event is to stimulate trade and economic relations..
On Friday the weather in Bulgaria will be mostly sunny. There will be more significant cloudiness over Northwestern Bulgaria and there will be short-term rain in places in the afternoon. There will be a moderate wind, in the regions north of the..
Bulgaria's Constitutional Court has declared the election of 16 MPs in the current Bulgarian Parliament illegal . The decision was published on the institution's website. The Constitutional Court's decision makes it clear that after the..
EUR 87 million under the operational programme Transport Connectivity, earmarked for the Russe-Veliko Tarnovo motorway is being redirected to the Europe..
Bulgarian Ambassador to the United States Georgi Panayotov and Raycho Raychev, founder and CEO of the Bulgarian company EnduroSat , met with experts..
The prehistoric complex "Provadiya-Solnitsata" - the oldest salt production and urban centre in Europe (5600 - 4350 BC) - is among the sites nominated..
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