The Regulator approved natural gas price as of October 1, 2016
The Energy and Water Regulatory Commission (EWRC) adopted a final decision as a response to "Bulgargaz" EAD application for approval of prices for the fourth quarter of 2016, at which the public supplier sells natural gas to retailers of natural gas and customers connected to the gas network.
The decision of EWRC approves as of October 1, 2016, the price of natural gas, at which the public supplier should sell natural gas to retailers of natural gas and customers connected to the gas network, at the amount of 286.60 BGN / 1000 nm3 without excise duty and VAT. The new gas price is 1.97% higher than the on for the third quarter of the year.
The cost to transport natural gas through the low pressure network is added to the price for the forth quarter. It amounts to 7.72 lev / 1000 nm3 (without excise duty and VAT). Thus the final price for the forth quarter of 2016, in which the public supplier sells natural gas to customers connected to the low pressure networks, owned by "Bulgartransgaz" EAD, amounts to 294.32 lev / 1000 nm3.