Bulgargaz Explains Nearly 11% Increase in Gas Prices for December

The price of natural gas in Bulgaria is expected to rise by nearly 11% in December, reaching 76 leva per megawatt-hour before taxes and additional charges. During a public discussion at the Energy and Water Regulatory Commission (EWRC), Veselin Sinabov, the Executive Director of Bulgargaz, outlined the factors driving this increase. He explained that lower average daily temperatures in the region, Gazprom’s suspension of supplies to OMV, and the inclusion of Gazprombank in the U....