site.btaBulgargaz Expects 20.64 Per Cent Reduction of Natural Gas Prices as of April

Bulgargaz Expects 20.64 Per Cent Reduction of Natural Gas Prices as of April

Sofia, February 10 (BTA) - Bulgargaz EAD expects that the price of natural gas effective in the second quarter of the year will be by 20.64 per cent lower, or 321.87 leva per 1,000 cu m exclusive of VAT and excise duty, the company said in a press release Wednesday.

The reduction in the price is attributed to the expected lower delivery price of natural gas.

Bulgargaz's proposal is subject to final approval by the Commission for Energy and Water Regulation.