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Gas price in Bulgaria to rise by 24% in October

Date: 02.10.2008

The price of natural gas is to rise by 24 percent on October 1 and would probably rise by 21 % more in January, officials from Bulgaria's utilities regulator DKEVR said.

The decision is still to be voted by DKEVR but has reportedly been coordinated with the management of state gas monopoly Bulgargaz.

As Bulgargaz want a steeper rise, Energy Minister Petar Dimitrov has proposed that the price increases gradually.

Trade unions at the same time claim the gas price must not rise more than 24 percent in the next 6 months and say they are to protest an eventual decision for price hike in January.

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