Supported byClarion Energy
HomeGasBulgaria, 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 byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Bulgargaz obtains 10-year wholesale gas licence for Serbia

Bulgargaz, the Bulgarian state-owned gas supplier, has secured a 10-year wholesale gas licence in Serbia. The permit authorises the company to conduct commercial gas trading on the Serbian market. The development extends Bulgargaz’s trading footprint across Southeastern and Central...

Kozloduy unit 5 output cut as Danube levels fall below cooling-water thresholds

Bulgaria’s Kozloduy nuclear power plant has reduced output from unit 5 after exceptionally low Danube levels constrained cooling-water availability. Regulators said the plant remains within safe operating limits. The reduction is linked to river conditions rather than an identified...

Bulgaria competition authority expands Lukoil wholesale fuel pricing investigation

Bulgaria’s competition authority has intensified its examination of the wholesale fuel market, requesting additional cost and pricing information from Lukoil Bulgaria and Lukoil Neftochim Burgas. The request is part of an ongoing probe into how changes in crude-oil prices,...
Supported byVirtu Energy