Bulgargaz expects the price of natural gas next month to be 5 to 6% lower as compared to April. During an open meeting at the Energy and Water Regulatory Commission, the initially proposed price of EUR29.12 per megawatt-hour was reduced to EUR28.36. The final price will depend on the auctions that will take place on April 30 on the Balkan Gas Hub platform, as deliveries through the Alexandroupolis LNG terminal would be delayed by 20 days.
On the other hand, the price of natural gas at the Dutch exchange costs EUR 28.5, which may lower the price in May, said EWRC Chairman Ivan Ivanov. The final decision will be made at the meeting on May 1.
Japan's Sumitomo Electric Bordnetze plans to cease operations at one of its factories in Bulgaria, located in Mezdra, by 2025. Its second factory in Karnobat will continue to operate at reduced capacity, BTA reported. The decision comes as the company..
State-owned dairy company LB Bulgaricum will start modernising its production facility in Vidin in September. The first step will be to renovate the refrigeration units and repave the alleys leading to the workshops and the car park in..
The Minister of Innovation and Growth, Rosen Karadimov, has not given up on the idea of the Bulgarian Development Bank (BDB) granting preferential loans to those working in the public sector. In an interview with BNT, he said that..
T he LNG terminal near the Greek town of Alexandroupolis has officially srarted commercial operations today, the Greek company Gastrade announced. The..
In September, the overall Business Climate Indicator for the country decreased by 1 point compared to August. The decline reflects a less favourable..
The final price proposed by Bulgargaz for the sale of natural gas to its customers in October is BGN 63.72 (EUR 32.58) per megawatt-hour before tax. The..
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