Public natural gas supplier Bulgargaz has proposed gas prices to be dropped by more than 13% as of June 1. According to the proposal the new price will be 72.2 euros per mWh. So far, the fuel has been traded in the country at 83.1 euros per mWh. The proposed revision brings the fuel price back to the values of April, before Russia's Gazprom stopped supplies to Bulgaria, when mWh cost 73.1 euros.
Bulgargaz has submitted its proposal to the State Energy Regulator on 31 May and it has yet to be analysed by experts. The procedure then provides for an open meeting of the Energy Regulatory Commission, which will meet, after examination, to give its opinion at an open session.
In fact, according to the regulation, this procedure should have been concluded in closed session on 1 June.
Azerbaijan to supply gas to Bulgaria for the next 25 years
On a proposal by the Council of Ministers, the heads of the State Intelligence Agency and the State Agency Technical Operations will, from now on, be elected by the National Assembly, BNR’s Maria Fileva reports. This means the president’s powers..
Three new electric locomotives Siemens Smartron are entering service as of today, Transport Minister Grozdan Karadjov has announced. Two of them will be running along the Sofia-Burgas line, and one – along the Sofia-Russe line. The new..
Prime Minister Rosen Zhelyazkov, Minister of Agriculture Georgi Tahov and Commissioner for Agriculture and Food Christophe Hansen inaugurated the reconstructed main irrigation canal Trakiets near Konush village. The reconstruction increases..
The European Commission will provide around €50 million from the EU agricultural reserve to fruit, nut and vegetable producers in Bulgaria, Latvia,..
The fight against the grey sector is directly connected with restricting labour exploitation and with human rights protection, said Minister of Labour..
In Saturday an atmospheric disturbance will sweep across the country. Minimum temperatures will reach 8-13° C., for Sofia 10° C. After the..
Mostly Cloudy
Cloudy