In the EU, natural gas is most expensive to Bulgarians

The average price per gigajoule of energy from natural gas in Bulgaria is €11.98, while the EU average is €15.88, Eurostat reporrted. Natural gas is cheaper in Estonia, Latvia, Romania, the UK, Turkey and Croatia. If we take into account the purchasing power parity of the EU countries, it turns out that natural gas in Bulgaria is the most expensive for the population –26.92 conditional Euros, or nearly 70% above the EU average.

Given the average income in our country, the price of 100 kW of electricity for Bulgarians is 18.65 conditional Euros, while the average price of electricity in the EU is 17.08 conditional Euros. The consolation for Bulgarians in this respect is that they are gradually catching up with Europe. The average price increase of electricity in Europe for the second half of 2010 was 5.1% on an annual basis and in Bulgaria it was only 1.4%.

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