Bulgarian state-owned gas supplier Bulgargaz has proposed a lower wholesale natural gas price for December 2025. The expected price for December is around 33.4 euros/MWh, representing a slight reduction of about 1 percent compared to the approved November price of approximately 33.7 euros/MWh. The November tariff, in turn, marked a 7.88 percent increase from October.
The company reported a significant rise in expected natural gas consumption for December, with customer orders increasing by roughly 266,000 MWh compared to initial forecasts. Most of this increase comes from higher demand among regulated consumers.
As a result of the revised demand structure, the share of gas supplied from Azerbaijan in the overall energy mix has declined. This has reduced the impact of the Azerbaijani delivery price on the final average gas price. With regulated market demand now playing a more dominant role, the composition of the pricing formula for December has shifted, allowing regulated consumption to exert greater influence over the final wholesale price.
