The recent decision by the Energy and Water Regulatory Commission (EWRC) of Bulgaria to reduce the price of natural gas by 14.22% for the month of May is a significant development that showcases the growing importance of regional energy collaboration. This price adjustment, which sets the cost of gas at 64.40 Bulgarian levs per megawatt-hour (MWh), reflects a broader trend towards energy diversification and the strengthening of energy security in the region.
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