site.btaEnergy Regulator Sets Natural Gas Price for July at BGN 64.55 per MWh

The Energy and Water Regulatory Commission (EWRC) set the price of natural gas for July at BGN 64.55 per MWh, excluding access, transmission, excise, and VAT charges, EWRC said on Monday.

At this price, Bulgargaz will supply natural gas to end suppliers and entities licensed for the production and transmission of thermal energy.

The regulator determined the price following an analysis of data submitted by Bulgargaz that form the pricing basis for July. The price mix includes the entire contracted volume of Azeri natural gas, which is delivered through the Bulgaria - Greece interconnector (IGB) under a long-term agreement with Azerbaijan. These volumes cover a substantial share of domestic demand and are a key factor in achieving a favourable rate for natural gas.

For July, Bulgargaz has also secured liquefied natural gas supplies through contracts with traders, following a competitive tender with requirements for a minimum delivery price and specific payment terms.