Bulgargaz Forecasts 5-6% Dip in Natural Gas Prices for May
Bulgargaz, the leading public gas supplier in Bulgaria, anticipates a notable decrease in the price of natural gas for the upcoming month of May. According to Lyudmila Vitanova
Bulgaria's Competition Protection Commission has discovered a cartel of major gasoline and diesel suppliers, the institution announced on Friday.
According to the CPC, some of leading gas station suppliers in Bulgaria have committed violations in the sense of a price cartel agreement.
The watchdog said the companies involved in the cartel are Lukoil Bulgaria EOOD, Rompetrol Bulgaria AD, Naftex Petrol EOOD, and OMV Bulgaria OOD.
"The violation consists of a prohibited agreement and coordination practices for determining prices that in its purpose or result prevent, limit, or violate the competition on the wholesale markets of gas and diesel," the Bulgarian Competition Protection Commission declared on Friday.
The ruling issued by the CPC cannot be appealed; the gas and diesel providers are entitled to file written objections to it within 30 days, and be allowed a public hearing.
Once the objections are considered, the Bulgarian competition watchdog is to issue a final ruling, including with respect to anti-trust fines.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
The Kozloduy Nuclear Power Plant (NPP) in Bulgaria is set to embark on a significant transition as it begins the process of replacing Russian nuclear fuel with American fuel from Westinghouse
Bulgargaz, the leading public gas supplier in Bulgaria, anticipates a notable decrease in the price of natural gas for the upcoming month of May. According to Lyudmila Vitanova
Eurostat's latest findings have shed light on the shifting landscape of household energy prices in the European Union, with Bulgaria emerging as a frontrunner in affordability.
The Nuclear Regulatory Agency (NRA) has greenlit the phased transition to a new type of nuclear fuel for Unit 5 of Kozloduy Nuclear Power Plant (NPP), manufactured by Westinghouse
In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May
The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022