Tag: Bulgargaz

KEVR approved 9.04 % gas price cut for June – Bulgaria, 02 June 2020

Bulgarian Commission for Energy and Water Regulation (KEVR) has approved a 9.04 % reduction of wholesale natural gas price for June, although state-owned wholesale gas supplier Bulgargaz proposed a decrease of just 1.7 %. The price will be reduced to 10.38 euros/MWh, excluding VAT and excise duty Full article available for subscribers of Energy NEWS […]

KEVR approved wholesale gas price changes for Q1 2020 – Bulgaria, 20 May 2020

Bulgarian Commission for Energy and Water Regulation (KEVR) has approved the changes in the wholesale price of natural gas for the first quarter of 2020, according to which state-owned gas supplier Bulgargaz will reimburse its clients. The price for January will decrease by 14.12 % to 19.3 euros/ Full article available for subscribers of Energy NEWS service […]

Bulgargaz turned to profit in 2019 – Bulgaria, 19 May 2020

Bulgarian state-owned natural gas supplier Bulgargaz recorded a net profit in the amount of 17.6 million euros in 2019, compared to a net loss of 16.4 million euros recorded a year earlier. The company’s operating revenues increased by 7.74 % in 2019, reaching 716 million euros, mostly due to hig Full article available for subscribers […]