Press release


PRESS RELEASE


In compliance with the requirements of Article 36a of the Energy Law, Bulgargaz EAD, daughter company of Bulgarian Energy Holding EAD, one month prior to filing the application on change in effective quarterly prices to the State Energy and Water Regulatory Commission (SEWRC), shall announce such change to the media.
 
Bulgargaz EAD informs its customers that the forecast price of natural gas for the second quarter of 2013, formed with respect to Art 17 of the Natural Gas Regulation Ordinance, amounts to BGN 656,47 (excise and VAT excluded) – having no changes in comparison with the applied price for the first quarter of 2013.

The forecast price takes into account the positive trend in the ratio BGN/USD, increasing prices of alternative to natural gas fuels at the international markets and the requirements of price regulation provisions.

Bulgargaz EAD final proposal on natural gas price for the second quarter of 2013 shall be announced upon its filing to the SEWRC – 11.03.2013.