site.btaBulgargaz EAD Proposes 3.51% Hike of Natural Gas Price

106 ECONOMY - NATURAL GAS PRICE - FORECAST

Bulgargaz EAD Proposes
3.51% Hike of
Natural Gas Price


Sofia, December 10 (BTA) - State-owned supplier Bulgargaz EAD has approached the Energy and Water Regulatory Commission with a proposal to endorse a price of 44.80 leva/MWh exclusive of VAT, excise duty, network access and transmission charges for the first quarter of 2019, the company said on Monday.

Compared to the current price of natural gas exclusive of VAT, excise duty, network access and transmission charges, the proposed price is increased by 3.51 per cent (or 1.52 leva/MWh).

The EWRC has until the end of December 2018 to set the price of natural gas.

Bulgargaz EAD representatives recalled that, according to the law, if the price of natural gas is increased by less than 5 per cent, the price of heating will remain unchanged. LI/TH


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