Europe: Gas prices hit...

Following the August 15 meeting between Donald Trump and Vladimir Putin, and Trump’s...

Region: Electricity prices drop...

In Week 34 of 2025, electricity market prices declined across most South East...

Romania: End of price...

Electricity bills for July and part of August 2025 in Romania are significantly...

Bosnia and Herzegovina sees...

According to the Agency for Statistics of Bosnia and Herzegovina (BiH), gross electricity...
Supported byClarion Energy
HomeSEE Energy NewsBulgaria, Country in...

Bulgaria, Country in talks with Gazprom on resuming gas supply

Caretaker Minister of Energy Rossen Hristov said that Russian Gazprom Export has finally responded to Bulgaria‟s plea for resuming a part of agreed gas supply and is ready to discuss future steps.

According to Minister Hristov, Gazprom is prepared to supply about a third of Bulgaria‟s natural gas needs. He added that the communication with Russians is slow, but hopes for the positive outcome. The caretaker Government wanted to avoid the arbitration process with Gazprom over undelivered gas volumes and now everything is being done to receive agreed volumes of gas by the end of this year .

Last week, Minister Hristov said that said that Russian authorities have decided that gas company Gazprom will not work with Bulgaria on supplying Russian natural gas to the country. He explained that it is unclear whether this is an official statement, but the Ministry is trying to send a message that Bulgaria is ready to resume negotiations on gas supply, which was cut in late April when Bulgaria rejected to pay in rubles. He said that Bulgaria is ready to pay for supplied gas under the same conditions as Germany.

He said that the previous Government reacted “too emotionally” in relations with Russia and Gazprom, adding that natural gas supplied from Russia is the second cheapest option for Bulgaria, after gas from Azerbaijan.

Minister Hristov said that caretaker Government is not planning to launch negotiations on new gas supply deal with Gazprom. It is only interested in getting already contracted quantities of gas in order to avoid paying penalties due to “take or pay” clause in the contract.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Europe: Gas prices hit 2025 low amid high storage levels and strong LNG supply

Following the August 15 meeting between Donald Trump and Vladimir Putin, and Trump’s subsequent conversation with Ukrainian President Volodymyr Zelenskyy, European gas prices fell to a new low for 2025 as markets anticipated a possible easing of geopolitical tensions....

Region: Electricity prices drop across most of SEE in late August 2025 as demand and renewable output decline

In Week 34 of 2025, electricity market prices declined across most South East European (SEE) countries compared to Week 30 (21–27 July 2025), with all markets moving to weekly average prices below €100/MWh except for Italy, which recorded the...

Slovenia: Wind Energy Association calls for balanced policy consultation

The Slovenian Wind Energy Association (GIZ) has expressed concern that recent political debates on wind energy are being shaped by what it views as an unbalanced event. The association says conclusions from a June consultation in the National Council—attended...
Supported byVirtu Energy
error: Content is protected !!