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[BUSINESS] · Bulgaria · 7 sources

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Part of situation: Bulgargaz regional expansion and pricing shifts (2 clusters)

Bulgargaz proposes 34% increase in natural gas prices for November

Bulgargaz natural gas prices EWRC energy crisis Bulgaria

Bulgargaz has submitted a proposal to the Energy and Water Regulatory Commission (EWRC) for a November natural gas price of 59.08 EUR/MWh, excluding access, transmission, excise, and VAT. This represents a 34% increase compared to the current October tariff of 44.09 EUR/MWh. The company noted that the proposed rate is approximately 30% lower than current European market prices.

The November price mix includes supplies from long-term contracts with Azerbaijan, the Alexandroupolis terminal, and Turkey, as well as extraction from the Chiren underground gas storage facility. The proposed price also includes components to cover Bulgargaz's costs for storing quantities in the Chiren facility as part of its emergency action plan.

Energy expert Martin Vladimirov noted that while long-term Azerbaijani contracts provide a buffer—with costs around 30 EUR/MWh—they only cover about half of Bulgaria's consumption. He warned that the gas price hike could lead to a 20% increase in central heating costs and impact businesses such as fertilizer plants, glass factories, and greenhouses. The EWRC is expected to make a final decision following a public discussion.

Entities

Alexandroupolis Terminal · Azerbaijan · Balkan Gas Hub · BulgarGaz · Bulgaria · Chiren Underground Gas Storage · Energy and Water Regulatory Commission · Martin Vladimirov · Sofia Heating · Toplofikacia Sofia

Claims

What the coverage asserts, and how many sources carry each claim.

  • [○ 1 SOURCE] The Energy and Water Regulatory Commission (EWRC) will make a final decision on the gas price following a public discussion. www.moreto.net
  • [● 3 SOURCES] European gas prices are approaching 86 EUR/MWh due to the Persian Gulf crisis, blocked Qatari LNG deliveries, and low storage levels. safenews.bg · crimes.bg · novini247.com
  • [● 2 SOURCES] Energy expert Martin Vladimirov predicts that central heating costs could increase by approximately 20%. safenews.bg · crimes.bg
  • [○ 1 SOURCE] On October 15, 2026, the Balkan Gas Hub day-ahead market price was 77.73 EUR/MWh. novini247.com
  • [○ 1 SOURCE] Bulgargaz proposed a November natural gas price of 59.08 EUR/MWh, excluding access, transmission, excise, and VAT. www.moreto.net
  • [○ 1 SOURCE] The proposed price represents a 34% increase over the current October tariff of 44.09 EUR/MWh. www.moreto.net
  • [○ 1 SOURCE] Bulgargaz stated the proposed price is roughly 30% lower than European gas market prices. www.moreto.net
  • [● 2 SOURCES] Long-term contracts with Azerbaijan, which are linked to oil prices, provide a buffer as Azerbaijani gas costs approximately 30 EUR/MWh. safenews.bg · crimes.bg

Sources

"Булгаргаз" предлага с 34% по-висока цена на природния газ за ноември [www.moreto.net]
Газова криза разклаща цените! Чака ли ни по-скъпо парно тази зима? (ВИДЕО) - Сигурност в новините [safenews.bg]
"Булгаргаз” поиска с 34% по-скъп газ за ноември [trafficnews.bg]
Мартин Владимиров: Исканото поскъпване на газа с 34% е реалистично, парното може да скочи с 20% | Crimes. bg – Криминални новини и разследвания от България и света [crimes.bg]
В четвъртък цените на природния газ в Европа се опитаха [novini247.com]
„Булгаргаз“ поиска скок с 34% на цената на газа [www.vesti.bg]
Убийствено постъпване на газа! КЕВР мълчи - Бизнес — Новини Стандарт [www.standartnews.com]