The Energy and Water Regulatory Commission approved the price of natural gas for July at 64.55 BGN/MWh, excluding access, transmission, excise and VAT. At this price, „Bulgargaz“ EAD will sell natural gas to end suppliers and to persons who have been issued a license for the production and transmission of heat energy.
The regulator approved the price after an analysis of the data submitted by Bulgargaz“ EAD data forming the price of natural gas for July. The price mix includes the entire contracted quantity of Azerbaijani natural gas supplied via the interconnector “Bulgaria - Greece“ (IGB), according to the long-term contract with Azerbaijan. These quantities cover a significant part of consumption and play an important role in achieving a favorable price for the blue fuel. “Bulgargaz“ has also provided quantities of liquefied natural gas for July under contracts concluded with traders, after an organized auction with requirements for a minimum supply price and a proposed payment method.
► The approved price of natural gas includes: the component price of natural gas at the entrance to the gas transmission networks, the component for the activity “public supply“ under Art. 17, para. 7 of the National Gas and Natural Gas Price Act and the component for compensation of costs under Art. 11a, para. 2 of the National Gas Storage and Distribution Agreement, covering the costs of "Bulgargaz" EAD for storing quantities in the gas storage facility in "Chiren", in fulfillment of obligations under the Emergency Action Plan.
The provided quantities cover the public supplier's commitments for July - to end suppliers and district heating companies, as well as the quantities under bilateral contracts with industrial customers.