Bulgargaz

Bulgaria has no intention to change the structure of Bulgarian Energy Holding (BEH), the parent of gas companies Bulgargaz and Bulgatransgaz, BTV has reported.

The European Commission has fined Bulgarian Energy Holding (BEH), its gas supply subsidiary Bulgargaz and its gas infrastructure subsidiary Bulgartransgaz (the BEH group) more than 77 million euro for blocking competitors' access to key gas infrastructure in Bulgaria, in breach of EU antitrust rules, reported the Bulgarian National Radio. 

State-owned Bulgarian Energy Holding (BEH) was fined 77 million euros ($87.3 million) by EU antitrust regulators on Monday for blocking rivals' access to key gas infrastructure in Bulgaria over a five-year period to 2015, reports Reuters. 

Bulgargaz will submit its final proposal for gas price for the first quarter of 2019 to the Energy and Water Regulatory Commission, reported the Bulgarian National Televisio.

The forecast from the public provider, which was released on November 10, shows that the rise in gas prices for the first quarter of next year is expected to be below 5%.

The price of the heating in Bulgaria will not change as of January 1, because a 4 percent increase in the price of natural gas is expected for the first quarter of 2019. This is what the Chairman of the Energy and Water Regulatory Commission (KEVR) Ivan Ivanov told journalists in the building of the regulator.

The main role of the Bulgarian Energy Holding (BEH) is to support financially its subsidiaries such as Toplofikatsia Sofia EAD, the capital city's district heating company, in order to protect energy security.

The Energy and Water Regulatory Commission will most likely accept an increase in the price of natural gas by about 13.89%, Energy Minister Temenuzhka Petkova told bTV. Petkova referred to a statement of the regulator and added that a public discussion on the price of natural gas would take place on September 25. "The regulator will say what proposal it will accept.

ncreasing prices of energy resources will cause inflation to rise, which is currently about 3.5%, experts predict. This increase in turn is expected to lead to a rise in prices of goods and services.

Sofia. There will be an increase in the price of natural gas for the last quarter of 2018, said Ivan Ivanov, chairman of the Energy and Water Regulatory Commission (KEVR), FOCUS News Agency reports.

Natural gas, which Bulgargaz sells to final suppliers and customers, will be increased by 2.6% as of April 1, the Energy and Water Regulatory Commission decided. The price for the second quarter of the year will be BGN 361.82 per 1000 cubic meters or 34.04 BGN / MWh (excluding excise duty and VAT).