Bulgaria May Lower Natural Gas Price in April 2014

Bulgaria may lower natural gas prices as of April 1, local media reported on Friday quoting the new chairman of the country’s energy regulator.

The authorities will weigh all options for natural gas price cuts in the first quarter, Boyan Boev, the chairman of the State Energy and Water Regulatory Commission, was quoted as saying at a press conference by the national news agency BTA.

Likewise, the energy regulator may consider options for cuts in the central heating and electricity bills, Boev added.

Meanwhile, power distributors CEZ Bulgaria and EVN Bulgaria, Energo-Pro and heating utility Toplofikatsia Sofia will all undergo audits in the first quarter of 2014.

Source: SeeNews