Bulgaria’s state-owned gas supplier, Bulgargaz, has put forth a proposal to raise the wholesale natural gas price for May 2026 to approximately 35.98 euros/MWh. This figure indicates a 4.99% increase from the previously approved price of around 34.27 euros/MWh for April 2026, which had already seen a rise of 5.1% compared to March.
The confirmation of the final price for April is anticipated on the first day of that month, as mandated by the Commission for Energy and Water Regulation (KEVR). This decision will be based on an updated proposal from Bulgargaz that reflects current market dynamics and follows a public discussion conducted at the end of March.
This upward trend in natural gas pricing underscores the ongoing adjustments within Bulgaria’s energy sector, influenced by fluctuating market conditions and regulatory frameworks. As stakeholders navigate these changes, the implications for consumers and businesses alike will be significant, particularly in light of rising energy costs across Europe.
The proposed price adjustments not only reflect local market trends but also resonate with broader regional developments in energy supply and demand. As Bulgaria continues to align its pricing strategies with market realities, the role of regulatory bodies like KEVR becomes increasingly critical in ensuring transparency and stability in the energy market.
