Bulgaria raises natural gas price by 32.52% for November

Bulgaria's natural gas price rose 32.52% this month, with one megawatt-hour costing €58.43 excluding taxes and fees. The increase was approved by the Energy and Water Regulatory Commission, which had earlier put off its decision.

The commission had postponed its decision on the price increase until after the second round of Bulgaria's presidential election. The delay was explained by an effort to find additional sources to soften the increase Bulgargaz had earlier requested at 34%. However, the gap between the requested and approved rate was only one percentage point.

BNR reporter Yuliyana Kornajeva reported that the regulator has once again said it will not allow increases in electricity and central heating prices for households in the middle of the heating season.