EWRC approved a price of natural gas from April 1, 2021 of BGN 33.19 per MWh

The Energy and Water Regulatory Commission (EWRC) approved a price of natural gas from April 1, 2021 in the amount of BGN 33.19 / MWh (excluding prices for access, transmission, excise and VAT). The prices of heating, hot water and electricity remain unchanged, the press center of the energy regulator announced. This price is lower than the ones indicated in the application of Bulgargaz - BGN 33.38 / MWh. As it is known, at the end of March the Ministry of Energy and BEH started an inspection in the state gas company, which imposed a postponement of the decision by the energy regulator.

The Energy and Water Regulatory Commission held a closed meeting, at which it adopted a decision in connection with the application submitted by Bulgargaz EAD for approval of a price for April 2021, at which the public supplier will sell natural gas to final suppliers and individuals, which have been issued a license for production and transmission of heat. The decision of the Commission was adopted in accordance with the terms of the contract between Bulgargaz EAD and OOO Gazprom Export and the terms of the contract with the Azerbaijani company and its agreements, the statement said.

The details that led to the later decision of the EWRC are also specified. By a letter to the energy regulator dated 01.04.2021, Bulgargaz EAD informed the Commission that it will provide up-to-date data in connection with the price of natural gas for April 2021 after the completion of the inspection of the company appointed by the Minister of Energy. The subject of the inspection is the activity of Bulgargaz EAD for 2020, including the realized revenues and the reported expenses, as well as their impact on the price of natural gas offered by the public supplier for April this year.

The decision of the EWRC for approval of the price of natural gas from 1.04.2021 will be published on the website of the regulator.