The Bulgarian Commission for Energy and Water Regulation (KEVR) will suggest that the European Commission (EC), as part of its anti-monopoly investigation, set the deadline for the change of the pricing formula in the contract between Russian Gazpromexport and state-owned gas company Bulgargaz. Gazprom is Bulgaria’s biggest natural gas supplier and the country is heavily […]
Bulgarian Commission for Energy and Water Regulation (KEVR) will likely approve a 29.63 % gas price hike as of 1 April 2017. This means that natural gas sold by state-owned gas company Bulgargaz to suppliers and large consumers would cost 185.8 euros per 1,000 cubic meters, without VAT and without the transportation fees imposed by […]
According to Bulgarian media, the EU and Russia have agreed to fundamentally change the gas policy of Russia in relation to certain former satellite countries to the Soviet Union. The European Competition Commissioner Margrethe Vestager said that Russian gas company Gazprom has undertaken steps for the introduction of competitive prices of gas for Bulgaria, Czech […]