Montenegro–Italy electricity market coupling:...

Electricity market coupling between Montenegro and Italy marks a structural break in the...

How SEE electricity spreads...

Serbia’s industrial competitiveness is increasingly shaped not by domestic conditions alone but by...

Regional power-flow shifts after...

The shutdown of Pljevlja transforms Montenegro’s internal energy balance, but its implications extend...

Private wind producers in...

Montenegro’s power system is undergoing a quiet reordering of influence. Where state hydro...
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

Montenegro–Italy electricity market coupling: Reshaping Southeast Europe’s power market to 2040

Electricity market coupling between Montenegro and Italy marks a structural break in the evolution of Southeast Europe’s power market. It is not simply a bilateral integration exercise or a technical extension of an existing submarine cable. It represents the...

How SEE electricity spreads shape Serbia’s industrial margins: A 2026–2030 competitiveness map

Serbia’s industrial competitiveness is increasingly shaped not by domestic conditions alone but by regional electricity spreads across Southeast Europe. The price difference between Hungary’s HUPX, Romania’s OPCOM, Bulgaria’s IBEX, Greece’s ADEX and Serbia’s SEEPEX sets the backdrop against which...

Regional power-flow shifts after the Pljevlja shutdown: Montenegro in a rewired Balkan energy landscape

The shutdown of Pljevlja transforms Montenegro’s internal energy balance, but its implications extend beyond national borders. In the interconnected Balkan power system, every addition or removal of a major unit reshapes flows, congestion points, trade patterns and price correlations....
Supported byVirtu Energy
error: Content is protected !!