site.btaRegulator Approves 2% Higher Natgas Price for May M/M

The Energy and Water Regulatory Commission (EWRC) approved the price of natural gas for May at BGN 57.70 per MWh, exclusive of access, transmission, excise duty, and VAT costs. This is the price at which state-owned distributor Bulgargaz will sell natural gas to end-suppliers of gas and to heating companies, the regulator said on Wednesday.

The price is about 7% lower than the approved price of natural gas in April, which was BGN 58.84 per MWh.

The regulator confirmed the price following an analysis of the updated data submitted by Bulgargaz on Wednesday that form the natural gas price for May. The EWRC takes into account quotations on international gas markets up to and including April 30, 2024.