Bulgargaz offers a gas price for December of BGN 102.33 per MWh

Bulgargaz proposes that the price of gas for December be BGN 102.33 per MWh (excluding prices for access, transmission, excise and VAT), according to an updated proposal submitted by the public supplier to the Energy and Water Regulatory Commission (EWRC).

The application is no surprise. At the open meeting of the EWRC on November 25, the executive director of the company Nikola Pavlov warned that the application from today will ask for a higher price than the value announced on November 10 this year of BGN 96.14 per MWh.

The reason for this is the higher price on the European gas markets, registered after the date of submission of the application at the beginning of this month. However, the price the company will offer will be about 35% lower than that of European gas hubs, Pavlov said at the time.

EWRC will rule on the request of Bulgargaz within the afternoon meeting after discussing a report of the experts from the working group.