The final price at which Bulgargaz will sell natural gas in December to end suppliers and to persons with a license for the production and transmission of thermal energy is 75.89 BGN/MWh (excluding excise duty and VAT), the company announced.
The proposed price is over 11 BGN/MWh lower than the TTF month-ahead price for December and over 17 BGN/MWh lower than the current prices on European gas exchanges.
In mid-November, following an analysis based on data provided by Bulgargaz, the Energy and Water Regulatory Commission proposed that the price of natural gas for December be set at 73.92 BGN/MWh (excluding grid access, transmission, excise, and VAT).
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Without compensation for the price of electricity, companies will be uncompetitive, said Vasil Velev of the Bulgarian Industrial Capital Association (BICA) at a press conference held jointly with trade unions. Those who cannot pass on the increase in..
Bulgaria is making the necessary progress towards adopting the euro, according to representatives of the European institutions whom Finance Minister..
Financial and tax stability has been shaken in recent years so it is good that a government has been formed, said Vasil Velev, chairman of the Bulgarian..
On January 27th, government securities for 150 million euros (300 million leva) will be offered on the domestic market , the Bulgarian National Bank (BNB)..
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