"Bulgargaz" offers a gas price for November in the amount of BGN 82.12/MWh

BGN 82.12/MWh (without excise duty and VAT) is the final proposed price for the month of November 2023 at which Bulgargaz EAD sells natural gas to final suppliers and to persons who have been issued a license for production and transmission of thermal energy, the company announced.

The public supplier's price for the current month remains over 10% lower than the TTF month-ahead pricing index for November, which rose

significantly in the last month due to the upcoming start of the heating season.

In October, natural gas prices rose significantly also as a result of geopolitical events, reaching their highest price levels since February 2023 of 54-56 EUR/MWh. /BGNES