Montenegro: EPCG to launch...

According to Milutin Djukanovic, the Chairman of the Board of Directors at Montenegrin...

Hungary: Paks nuclear power...

Hungary's only nuclear power plant, Paks, operated by the state-owned energy company MVM,...

Croatia forms working group...

The Croatian Ministry of Economy has formed a working group on nuclear energy,...

Bulgaria: TPP Maritsa East...

State-owned thermal power plant Maritsa East 2 reported a remarkable surge in electricity...
Supported byClarion Energy banner
HomeSEE Energy NewsBulgaria revises transit...

Bulgaria revises transit agreements with Gazprom after gas supplies are cut off

Russia’s Gazprom has stopped supplying gas to Bulgaria and Poland and warned them not to take fuel from other countries for gas. Bulgarian Prime Minister Kiril Petkov called the move a breach of contract and blackmail, and said his government was reviewing all agreements with the company, including those on transit. Some EU countries have agreed to Russian payment terms.

Gazprom announced today that it has temporarily suspended gas supplies to Bulgaria’s Bulgargaz and Poland’s PGNiG because they did not pay for fuel in rubles for April. The Russian state-owned company added that it had informed them that the suspension would last until it settled its obligations in the prescribed manner.

“Bulgaria and Poland are transit countries. In the case of unauthorized takeover of Russian gas from the quantities intended for transit to third countries, the transit supply will be reduced by the amount taken over, “the statement reads.

The Prime Minister of Bulgaria, Kiril Petkov, stated that his government has prepared for this scenario and provided alternative sources, and that deliveries to consumers will not be reduced.

“By severely interrupting the flow of gas, they grossly violated the contract, and that is blackmail to implement a plan on payment in rubles through third parties, which does not provide guarantees for gas for Bulgarians or their money. “We will not give in to such racketeering… Bulgaria is revising all agreements with Gazprom, including those on transit through Bulgaria, because unilateral action for extortion is unacceptable,” Petkov said.

He added that he had heard from his Greek counterpart Kyriakos Mitsotakis and that he had confirmed that the interconnection with Greece would be operational in June.

Bulgaria will not hinder Serbia and Hungary in gas transit

Immediately before that, the Minister of Energy, Alexander Nikolov, stated that Bulgaria is a loyal partner of Serbia and Hungary. “Whenever we can, we will help all neighboring countries. “We will not create artificial disturbances to neighboring countries,” he pointed out.

According to Nikolov, the two-stage payment procedure proposed by Russia carries serious risks. “We would practically lose control of the payment. It is unclear which course would be used. Therefore, the Bulgarian side is in danger of paying for fuel without receiving it, “the minister added.

He also mentioned that deliveries to consumers for the next month are guaranteed. Bulgaria has paid its liabilities for April, Nikolov claims. According to him, gas deliveries from Azerbaijan will be increased on July 1.

Source: balkangreenenergynews.com

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: EPCG to launch tender for 240 MWh battery energy storage systems

According to Milutin Djukanovic, the Chairman of the Board of Directors at Montenegrin state-owned power utility EPCG, the company is preparing to launch a tender for battery energy storage systems (BESS) with a total capacity of 240 MWh. The...

Hungary: Paks nuclear power plant achieves fifth-highest production record in 2024

Hungary's only nuclear power plant, Paks, operated by the state-owned energy company MVM, closed 2024 with its fifth-highest production record in history. The plant’s four reactors produced a total of 16,016.6 GWh of electricity, which accounted for nearly half...

Croatia forms working group to explore nuclear energy solutions and future energy strategy

The Croatian Ministry of Economy has formed a working group on nuclear energy, consisting of experts from academia, state institutions, and the energy sector, alongside representatives from the Ministry. Croatia has been a co-owner of the Krsko nuclear power...
Supported bySEE Mining News
error: Content is protected !!