Moscow
MIN -2
MAX +3
PM Rain/Snow Showers / 06:37 AM / Traffic

Bulgaria Raises Gas Prices

Bulgaria said Monday that it would raise gas prices by almost 25 percent from July 1 to enable the country’s main supplier to fund imports from Russia.

The State Commission for Energy & Water Regulation will allow prices for households and industry to rise to $342 for 1,000 cubic meters, the regulator said.

The increase is below the 30 percent requested by the country’s dominant gas trader, Bulgargaz, which buys the fuel from Gazprom.

(Bloomberg)


From the Web

Dear reader,

Due to the increasing number of users engaging in personal attacks, spam, trolling and abusive comments, we are no longer able to host our forum as a site for constructive and intelligent debate.

It is with regret, therefore, that we have found ourselves forced to suspend the commenting function on our articles.

The Moscow Times remains committed to the principle of public debate and hopes to welcome you to a new, constructive forum in the future.

Regards,

The Moscow Times