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26.09.2018 10:13
District heating and hot water prices will rise by almost 8% due to the increase in gas prices
KEVR Chairman Ivan Ivanov insists on the renegotiation of the terms with Bulgargaz and Gazprom Export

  • The final decision on the gas price will be taken on September 28th at 10.00 am at a private meeting of the KEVR.

The price of natural gas is expected to increase by almost 14% on 1 October. For the end users of natural gas the increase will not be more than 8%. This was assured by the chairman of KEVR Ivan Ivanov during the meeting of the commission today, BNT reported. The commission discussed a report on Bulgargaz's approval of prices, on which the public supplier will sell natural gas to end suppliers and customers connected to the gas transmission network for the last quarter of this year.

"It is definitely necessary to renegotiate the terms with Bulgargaz and Gazprom Export and I believe that such negotiations should begin literally in the coming weeks. We have no instrument to influence prices. For consumers, whether they are households or household users or business users, the service will be upgraded by no more than 8%," Ivanov commented.
The reasons for the price increase of 14%, according to the chairman of KEVR, are the high quotes of oil and its derivatives on the international markets, as well as the delivery price from the Russian side to Bulgaria. This will lead to an increase in the district heating service.
The projected price increase of natural gas will affect the prices of district heating and hot water between 3% and 9%. The increase will vary for the different cities. A change in the price of heating from October 1 is not expected in Ruse, Pernik, Sliven and Gabrovo, because the district heating in these cities is coal-powered.
According to the BNT, if the calculations are made in another way - how much will district heating and hot water from the last heating season will increase compared to the present, then the figures are different. A dramatic increase in the prices are noted in Burgas – 24%, Pleven - 20% and Sofia - 16%.
The ombudsman Maya Manolova said that the regulator should specify in more detail each of the pricing factors, focusing in particular on the supply gas prices to the gas transmission networks.
"Which are the alternative fuels - whether only the two in the report and for what period. The prices in which international markets are taken into account and why no averaged value is taken, but only the higher number of this margin and on what basis and in which currency, "Manolova commented.

TAGS: natural gas | district heating | price | KEVR 

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20.03.2022  Teodor Bobochikov, Managing Partner, V-Ridium
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