Supplies from Azerbaijan to bring gas prices in Bulgaria down

Supplies from Azerbaijan to bring gas prices in Bulgaria down

By
BLACKSEA-CASPIA

“The price of Azerbaijani gas was included in the calculation of the cost of the gas mixture, which is supplied through the Interconnector Greece-Bulgaria (IGB) in accordance with the current long-term agreement with Azerbaijan. These volumes cover about 51.9 percent of the country's consumption and are key to achieving favorable gas prices”, said the Commission.

Photo: Energy and Water Regulatory Commission

Natural gas in Bulgaria has fallen in price since April 1, , Trend reports citing the Energy and Water Regulatory Commission.

The Commission approved on Saturday the price of gas in April in the amount of 98.16 leva (about 49.8 euros) per 1 MWh without additional payments, while in March it was 106.74 leva ( about 53.37 euros).

„The price of Azerbaijani gas was included in the calculation of the cost of the gas mixture, which is supplied through the Interconnector Greece-Bulgaria (IGB) in accordance with the current long-term agreement with Azerbaijan. These volumes cover about 51.9 percent of the country's consumption and are key to achieving favorable gas prices“, said the Commission.

Source: https://en.trend.az/world/europe/3729806.html