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30.12.2016 14:54
Overgas Networks Signs Contract with Bulgarian Gas Incumbent
Before the Overgas - Bulgargaz dispute was solved, the Bulgarian Federation of Industrial Consumers (BFIEC) protested any additional costs that would be incurred by Overgas being late to book quantities for 2017
AUTHOR: publics.bg


  • © Overgas

Natural gas end customer supplier Overgas Mrezhi (Overgas Networks) has signed a contract with Bulgarian gas incumbent Bulgargaz, the Bulgarian energy ministry confirmed for Publics.bg. The contract is valid throughout 2017. Both parties declined further comment.

The talks on the contract have been ongoing during the past few months, as Overgas was trying to negotiate individual contract terms. In September, Overgas has even announced that it would not sign a new contract with Bulgargaz. Meanwhile the Bulgarian Federation of Industrial Consumers (BFIEC) protested any additional costs that would be incurred by Overgas being late to book quantities for 2017.

Eventually, the Bulgarian energy watchdog adopted amendments to the natural gas pricing regulations, defining a separate additional fee that would be paid by all gas buyers which failed to book quantities for the following year by August 31 of the current year.


TAGS: Bulgaria | energy | natural gas | BFIEC | gas price | Overgas | Bulgargaz 


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