Montenegro: EPCG to launch...

According to Milutin Djukanovic, the Chairman of the Board of Directors at Montenegrin...

Hungary: Paks nuclear power...

Hungary's only nuclear power plant, Paks, operated by the state-owned energy company MVM,...

Croatia forms working group...

The Croatian Ministry of Economy has formed a working group on nuclear energy,...

Bulgaria: TPP Maritsa East...

State-owned thermal power plant Maritsa East 2 reported a remarkable surge in electricity...
Supported byClarion Energy banner
HomeSEE Energy NewsBulgaria: Bulgargaz plans...

Bulgaria: Bulgargaz plans to propose wholesale gas price increase

In March 2020 Bulgarian state-owned gas supplier Bulgargaz and Gazprom Export have finalized an agreement on 40.3 % reduction of the price at which Russia supplies natural gas to Bulgaria, backdated to 5 August 2019. Bulgaria was the last of eight EU Member States of Eastern Europe to strike a deal on a price cut with Gazprom, in the wake of a settlement reached between the European Commission and the Russian monopolist on an anti-trust investigation.

Now Bulgargaz is planning to propose higher wholesale natural gas price to be applied in July 2021. The statement from the company said that the price for July should be around 23.9 euros/MWh, significantly higher than the price approved for May – 19.3 euros/MWh, which was a 13.5 % increase compared to April.

 

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Montenegro: EPCG to launch tender for 240 MWh battery energy storage systems

According to Milutin Djukanovic, the Chairman of the Board of Directors at Montenegrin state-owned power utility EPCG, the company is preparing to launch a tender for battery energy storage systems (BESS) with a total capacity of 240 MWh. The...

Hungary: Paks nuclear power plant achieves fifth-highest production record in 2024

Hungary's only nuclear power plant, Paks, operated by the state-owned energy company MVM, closed 2024 with its fifth-highest production record in history. The plant’s four reactors produced a total of 16,016.6 GWh of electricity, which accounted for nearly half...

Croatia forms working group to explore nuclear energy solutions and future energy strategy

The Croatian Ministry of Economy has formed a working group on nuclear energy, consisting of experts from academia, state institutions, and the energy sector, alongside representatives from the Ministry. Croatia has been a co-owner of the Krsko nuclear power...
Supported bySEE Mining News
error: Content is protected !!