The Commission for energy and water regulation (CWER) confirmed the price of natural gas for May for the amount of 77.55 _ BGN/MWh, excluding access and transfer prices, excise duty and VAT. This is the price "Bulgargaz" EAD will be selling natural gas to the end suppliers and to persons with official licenses for production and transmission of thermal energy.
The price mix for May includes the whole quantity of Azeri natural gas agreed for supply by the Interconnector "Bulgaria - Greece" at prices under the acting long-term agreement with Azerbaijan. These quantities will cover 62.65 % of the consumption of the country for the month and are vital in terms of achieving favorable prices on the blue fuel.
The quantities of natural gas guaranteed for May will grant the commitment of public supplier to the end suppliers and the heating companies, as well as the quantities under bilateral contracts with industrial customers.
The price confirmed for May will be BGN 77.55 /MWh or 21% lower than the price for April, which was BGN 98.16 /MWh. The main reason is the sustainable trend for reduction of the stock market indexes on the international gas markets and the lower consumption.