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

The price of natural gas will not increase with 58%: energy watchdog

Photo: Alami/Reuters

The price of natural gas will not increase with 58% in April, as forecast by Bulgargaz, the Chairman of the Energy and Water Regulatory Commission Stanislav Todorov assured, referring to the falling market prices of natural gas in recent days. “Markets react in panic to any news coming from the war zone”, Stanislav Todorov added. In his words, the exact estimates will be made at the end of March, but if calculation was made today, the price of natural gas would rise by nearly 30%. Bulgaria’s Minister of Energy Alexander Nikolov agreed with the Chairman of the Energy and Water Regulatory Commission and added that state aid to household consumers may be extended until the end of April.

"The request of Bulgargaz to increase gas prices with nearly 60% is due to the actions of the former management of the company, which refused to buy cheap gas from Azerbaijan", said Premier Kiril Petkov and added that the government will try to reach a new agreement with Azerbaijan to secure cheaper natural gas.




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

Bulgaria, Romania, Greece and Croatia coordinate positions on EU and Ukraine

The foreign ministers of Bulgaria, Romania, Greece and Croatia held a meeting within the framework of the general debate at the UN General Assembly in New York, Bulgaria’s Foreign Ministry has announced. The foreign ministers of the four..

published on 9/27/24 10:01 AM

Renowned pianist Marta Deyanova has died

Renowned Bulgarian pianist Marta Deyanova has died in London at the age of 77, her son Martin wrote on Facebook. Marta Deyanova graduated from the Bulgarian National Music Academy, and honed her piano skills at the conservatoire in Antwerp,..

published on 9/27/24 9:32 AM
The Galaxy Leader

Red Cross delegation visits Galaxy Leader, the ship hijacked in Yemen

A team of the international Red Cross visited a 25-member crew on board of the Galaxy Leader vessel, which was hijacked last year by the Iran-backed Houthi rebels and is docked in the port city of Hodeidah— a Houthi stronghold, AP reports...

published on 9/27/24 9:14 AM