The Commission for Energy and Water Regulation (KEVR) approved a 1.4% price cut for natural gas for August, slightly higher than the latest proposal by public supplier Bulgargaz.
The wholesale price amounts to 30.5 euros/MWh, excluding VAT and excise duty.
Previously, KEVR approved an 8% decrease in wholesale natural gas prices for July.
Bulgaria will receive the full contracted volumes of natural gas from Azerbaijan via the Greece-Bulgaria interconnector. This will cover nearly 75% of the monthly consumption in August. Bulgargaz has also secured a contract for the delivery of liquefied natural gas with one trader from the region.
