site.btaBulgargaz Offers Nearly 3% Natgas Price Increase in August M/M

Bulgargaz has proposed to the Energy and Water Regulatory Commission (EWRC) the price of natural gas for August to be BGN 62.38 MWh - excluding prices for access, transmission, excise duty and VAT costs, the public supplier said Tuesday.

On July 1, the EWRC approved the price of natural gas at BGN 60.58 MWh. Thus, the newly proposed price is 2.97% higher. 

The final price proposition will be submitted on August 1, taking into account pricing components as of July 31. 

The estimated price for September is BGN 60.66 MWh, which is 2.76% lower than the price for August and 0.13% higher than the approved price for July. 

The final gas price proposal for September will be submitted to the EWRC on September 1.