site.btaBulgargaz Projects Natural Gas Price Increase of 2.07% in Q1 of Next Year

Bulgargaz Projects
Natural Gas Price Increase of 2.07%
in Q1 of Next Year


Sofia, November 11 (BTA) - Bulgaria's state-owned gas company
Bulgargaz EAD proposed that the price of natural gas is
increased by 12.48 leva (2.07 per cent) to 615.92 leva per
1,000 cu m (VAT and excise excluded) in the first quarter of
2015, said the company on Tuesday.

Bulgargaz is required by law to publicize its quarterly gas
price update proposals a month before submitting them to the
State Energy and Water Regulatory Commission (SEWRC).

The proposal takes into account changes in the lev-dollar
exchange rate, the prices of alternative fuels on international
markets and relevant legal requirements.

Bulgargaz's final proposal about the price of natural gas in the
first quarter of 2015 will be made public upon its submission
to SEWRC on December 11, 2014, the company said. LI/MY

/СН/