BGN 60.75/MWh (excluding excise duty and VAT) is the final proposed price for August 2024, at which Bulgargaz PLC to sell natural gas to the end suppliers and entities who have been issued a licence for production and transmission of thermal energy. The proposed price for August is BGN 2.65/MWh higher than the price for July 2024, which is due to the reduced share of supplies under the Agreement with an Azerbaijani company in the pricing, due to planned repair works of TANAP and TAP pipelines, which transport Azerbaijani gas.
By comparison, the current price levels at the TTF gas hub are in the range of EUR 35.5 - 36/MWh, or around BGN 69.43 - 70.40/MWh.