Bulgaria Natural Gas Prices to Go up April 1

The natural gas prices in Bulgaria are going to be increased starting April 1, 2010, despite the government’s intention to freeze them.

This has been announced by Angel Semerdzhiev, head of Bulgaria’s State Commission for Energy and Water Regulation (DKEVR).

Semerdzhiev said there was no way for the government to avoid the increase because of the situation on the world energy market. He said the natural gas prices in Bulgaria might grow by 15%. This in turn is going to lead to an increase of heating power prices of 8%-13%. The DKEVR is supposed to set the new gas prices in the coming days.

Its Chair has commented also that the government should be able to keep the electricity prices on the current level starting July 1, 2010, by shedding planned investment spending but not through legislative measures.

The Borisov government has been urged by trade unions to freeze heating, gas, and power prices for the rest of 2010 as an anti-crisis measures.

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