Energy markets weekly: Brent,...

During the fourth week of August, Brent oil futures for the Front Month...

Europe: Electricity prices show...

During the fourth week of August, electricity prices in major European markets showed...

European electricity demand trends:...

During the last week of August, electricity demand rose in most major European...

European solar and wind...

During the week of August 25, solar photovoltaic (PV) energy production declined across...
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Bulgaria: Bulgargaz proposes 18% gas price cut for May

Bulgarian state-owned gas supplier Bulgargaz has proposed lower wholesale natural gas price for May. The price for May should be 18% lower than the price approved for April and is significantly lower than the company’s initial proposal for a 9% cut.

Bulgargaz also said that the wholesale price of natural gas in Bulgaria fell by more than 60% compared to the beginning of 2023.

The price for June should be 3 to 4% lower than the price in May.

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