Bulgargaz Confirms 5% Gas Rise for April, Says No Big Jumps Expected Soon

Bulgargaz has defended its previously submitted proposal for a 5% rise in natural gas prices for April before the Energy and Water Regulatory Commission, with CEO Veselin Sinabov stressing that there is currently no justification for any further increases. Sinabov noted that significantly higher gas prices are not expected until mid-year. “The European market is not showing signs of sudden shocks....