Increase in natural gas prices will not affect heating prices – Bulgaria, 2 November 2016

Chairman of the Bulgarian Commission for Energy and Water regulation (KEVR), Ivan Ivanov said that there might be an increase in price of natural gas as of next year, but it will be below 10 % and it will not affect the price of heating and hot water supply.
Ivanov explained that he does not believe that the price of crude oil will significantly exceed its current level of about 50 dollars per barrel, thus the proposal for the increase of natural gas prices in the first quarter of 2017 should be below 10 %.

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