Bulgargaz proposes natural gas price to rise by 7.5% in November

"Bulgargaz" has proposed to the Energy and Water Regulatory Commission that the price of natural gas for November should be 7.5% higher or 35.02 EUR per megawatt hour. In comparison, the price at which gas is sold in October is 32.58 EUR.

Deliveries until the end of the year will be ensured through auctions on the stock exchange, supply from Azerbaijan and the use of quantities from the Chiren underground storage facility, "Bulgargaz" reported. The regulator will adopt the final decision on the price at which "Bulgargaz" will sell natural gas at its meeting on November 1.