Critical build up in the cost of herbal fuel since December –

The Fee for Power and Water Law (KEVR) licensed the cost of herbal fuel for the month of December within the quantity of BGN 75.89 in line with megawatt hourwith out get entry to, switch, excise and VAT costs.
At this value, “Bulgargaz” EAD will promote herbal fuel to ultimate providers and to individuals who’ve been issued a license for the manufacturing and transmission of thermal power. The regulator showed the fee after an research of the present information submitted via Bulgargaz, forming the cost of herbal fuel for December, the click heart of KEVR introduced.

The cost combine contains all of the agreed quantity of Azeri herbal fuel delivered by means of the “Bulgaria-Greece” (IGB) interconnector, in keeping with the long-term contract with Azerbaijan. Those quantities duvet 39.08% of the intake for the month of December and are vital for attaining a positive value for the blue gas. “Bulgargaz” has concluded a freelance for the availability of liquefied herbal fuel (LNG) with a dealer, after an arranged public sale with necessities for a minimal supply value and a proposed means of fee. The cost combine for the month additionally contains amounts from the Chiren underground fuel garage facility, KEVR states.

Without reference to the truth that the established value of BGN 75.89 in line with megawatt hour is upper in comparison to the fee for the month of November, it stays aggressive for Bulgarian customers, KEVR claims. Decrease reasonable day-to-day temperatures within the space in comparison to earlier months, the suspension of Gazprom’s provides to OMW and the inclusion of Gazprombank within the sanctions record are the occasions that ended in an build up within the TTF pricing index and to an build up within the costs of “Gasoline Hub Balkan” and the inventory exchanges within the area. In comparison to the present TTF index, which grew and reached just about 48 euros/megawatt hour, the cost of “Bulgargaz” remains to be with reference to BGN 10. less than that of the Dutch inventory trade. An increasing number of vital are the cost-effective provides below the long-term contract with Azerbaijan, which to a point suppress additional value will increase. The larger intake because of heating wishes all the way through the chilly months reduces the relative percentage of Azerbaijani fuel within the general combine for the month of December and may be a think about the fee build up in comparison to the month of November, in keeping with KEVR.

The licensed value of herbal fuel contains: the part value of herbal fuel on the front to the fuel transmission networks, the part for the process “public provide” below Artwork. 17, para. 7 of the NRCPG and the part for compensating prices below Artwork. 11a, para. 2 of the NRCPG, masking the prices of “Bulgargaz” EAD for garage of amounts within the fuel garage facility in “Chiren”, in achievement of duties below the Emergency Motion Plan.

The secured amounts duvet the commitments of the general public provider for the month of December – to ultimate providers and heating corporations, in addition to the amounts below bilateral contracts with commercial consumers.