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

US extends Lukoil Bulgaria sanctions exemptions to April 2027

OFAC general licences extend operating room for Bulgarian assets The United States has extended sanctions exemptions covering Lukoil’s Bulgarian businesses until April 24, 2027. The measure provides additional time for operations at the Burgas refinery and related fuel businesses while...

Bulgartransgaz cancels €56 million Chiren production wells tender after bids exceed budget

Bulgarian gas transmission operator Bulgartransgaz has cancelled a €56 million procurement for new production wells at the Chiren underground gas storage facility. The cancellation followed an outcome in which the only financially evaluated offer exceeded the available budget. The...

Bulgargaz proposes 34% rise in regulated wholesale gas price for October 2026

Bulgargaz, the Bulgarian state-owned gas supplier, has submitted a proposal to raise its regulated wholesale natural gas price by 34%. The filing links the adjustment to higher supply costs and Bulgaria’s exposure to regional energy market volatility. The company’s...
Supported byVirtu Energy