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Dec 29, 2017 12:50 EEST
December 29 (SeeNews) - Bulgaria's energy regulator said it has approved a 2.75% increase in the regulated wholesale gas price for the first quarter of 2018.
The new price will be 352.65 levs ($198.4/ 185.65 euro) per 1,000 cubic metres, free of VAT and excise, the Energy and Water Regulatory Commission said in a statement on Thursday.
Earlier this month, state-owned gas monopoly Bulgargaz proposed to the energy regulator to increase the price at which it sells natural gas to end suppliers by 2.83% to 352.93 levs per 1,000 cu m.
Bulgaria imports almost all the natural gas it needs from Russia through a pipeline crossing the territories of Ukraine, Moldova and Romania.
(1 euro = 1.95583 levs)
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