site.bta Bulgargaz Doesn't Expect Natural Gas to Appreciate in January

Bulgargaz Doesn't Expect  Natural Gas to Appreciate in January

Sofia, November 9 (BTA) - Bulgargaz does not expect an increase
in the price of natural gas from January, the company's
Executive Director Petyo Ivanov told journalists Monday. "Our
forecast is that the current price of 415.20 leva per 1,000
cubic metres will remain unchanged," he said.

The forecast is based on oil prices, which are going down.
However, the dollar is appreciating, and unless this eats up the
 drop in oil prices, gas prices may remain unchanged or fall
slightly. Ivanov declined to predict how much the gas could
depreciate from January.