Public gas supplier Bulgargaz has proposed a 14.38% increase in the price of natural gas in December, to EUR 66.83/MWh, according to the company’s application published in the register of the Energy and Water Regulatory Commission (EWRC). That comes on top of the increase by 32.52% for November.
The proposed price applies to Bulgargaz’s sales to end-suppliers and licensed companies producing and transmitting heat energy. It excludes access and transmission fees, excise duty and VAT.
In its justification, the company said the proposed price was more than 20% lower than prices on European gas markets.
The price calculation takes into account the volumes of natural gas requested by customers for December, which will be secured under a supply contract with Azerbaijan, from the liquefied natural gas (LNG) terminal near Alexandroupolis, through LNG deliveries via Turkiye, and from the Chiren underground gas storage facility.
In a comparison of European gas market prices as of November 9, Bulgargaz quoted bid/ask prices of EUR 81.55/82.05 per MWh for the Dutch TTF hub, EUR 83.305/83.345 per MWh for Germany’s VTP and EUR 84.025/84.175 per MWh for Austria’s VTP. The quoted price at the Balkan Gas Hub on November 9 was EUR 80.46 per MWh.
Bulgargaz Is Seeking 14.38% Increase of Nat Gas Price in December THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-11-12 02:28:00
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