Bulgaria's gas monopoly Bulgargaz said on Monday it would propose that natural gas prices for local consumers remain unchanged in the second quarter of 2014.
The company proposes keeping a price of 630 levs ($439/322 euro) per 1,000 cubic metres for the period April-June, net of value added tax and excise duties, Bulgargaz said in a notice on its website.
The price adjustment, made on a quarterly basis, must be approved by the Bulgarian energy regulator to take effect. Bulgargaz is obliged to disclose its pricing proposal to the public a month before submitting it for regulatory review.
Bulgaria imports almost all the natural gas it needs from Russia through a pipeline crossing the territories of Ukraine, Moldova and Romania.