Bulgaria: Bulgargaz proposes 18% gas price cut for May, SEE Energy News
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.