site.btaBulgargaz Proposes Natural Gas Price Cut of 3.8% in August

Bulgarian state-owed natural gas supplier Bulgargaz proposed a lower price for natural gas for August of BGN 62.08 per megawatt hour, excluding access, transmission, excise duty, and VAT, at Thursday’s public discussion of its report at the Energy and Water Regulatory Commission (EWRC).

Bulgargaz does not expect any changes in quantities, orders, or other events that could significantly affect the price proposed by the company until the end of July, when the EWRC will make a final decision on the price for the following month.

The current price for July is BGN 64.55 per MWh, which means that if the EWRC approves Bulgargaz’s proposal for August, the price of this energy resource could decrease by BGN 2.47, or 3.8%.

For June, the approved price was BGN 64.32 per megawatt hour, excluding access, transmission, excise duty, and VAT, and for May, it was BGN 64.40 per megawatt hour.