Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Natural gas prices expected to fall sharply in November

Photo: Alami/Reuters

The price of natural gas could fall 45% in November, Denitsa Zlateva, CEO of Bulgargaz, told the energy watchdog. The proposed price for November is EUR 65 per megawatt hour, compared to EUR 117 for October. The decrease is due to the lower prices on international exchanges and the launch of commercial operation of the Bulgaria-Greece gas interconnector, which transports the full volumes of Azeri gas under the contract with Bulgaria. Bulgaria reserved regasification gas slots at Greece's Revithoussa LNG terminal. In addition, Bulgargaz is bidding for terminals in Italy and Turkey to secure gas supplies for 2023, Denitsa Zlateva said.

Bulgaria's gas storage facility in Chiren will be 90% full by November 1, the Chairman of the Energy and Water Regulatory Commission Ivan Ivanov said for the Bulgarian National Television. 




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Overcast with showers in southeastern Bulgaria

On Tuesday, lows will be between 1 and 6°C, 1°C in Sofia. During the day it will remain mostly cloudy, with showers mainly in the southeast. Over southwestern Bulgaria the clouds will break up and clear. Maximum temperatures will be 4° to 9°C, around..

published on 12/2/24 7:05 PM
Evelina Slavcheva

Corresponding Member Evelina Slavcheva becomes first female President of BAS

The Bulgarian Academy of Sciences is to have a female president for the first time. Corresponding Member Evelina Slavcheva from the Institute of Electrochemistry and Energy Systems was elected today to lead the 155-year-old institution...

published on 12/2/24 6:20 PM
Borislav Sarafov

Prosecutor's Office and Interior Ministry declare zero tolerance for violence 

At a national meeting convened by acting Prosecutor-General Borislav Sarafo v to discuss the rise in public and domestic violence, it was declared that the Prosecutor's Office and the Ministry of the Interior would not tolerate such crimes. "Under my..

published on 12/2/24 3:40 PM