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21.04.2017 11:11
Bulgarian State-Run Energy Companies Ready with Statement on Gazprom Case
Individual renegotiations of contracts with Gazprom would come to play only when the proposals have been approved, the Bulgarian Ministry of Energy stressed in an e-mailed statement

  • © Bulgartransgaz

Bulgaria’s state-run energy majors Bulgargaz, Bulgartransgaz and their parent structure – the Bulgarian Energy Holding (BEH) are ready with their statements and suggestions relating to the antitrust probe of the European Commission (EC) against Russia’s gas mogul Gazprom. This was announced by the Ministry of Energy on Friday, following an appeal by former energy minister Temenuzhka Petkova for a prolongation of the period granted by the EC to Bulgarian companies to issue statements on the matter.

What is more, the Bulgarian Industrial Capital Association (BICA) said on Tuesday that a single natural gas price from Gazprom for the EU, solely differing by transport costs from country to country, should be backed by the Bulgarian government in the EU-Gazprom antimonopoly negotiations.

On April 19 representatives of the Bulgarian energy ministry, BEH, and its subsidiaries took part in the V4 Gaz Forum organised by the Visegrad Group countries. Following the event, the energy ministry said that it has discussed the company statements “on an expert level”.

The Bulgarian state-run companies are expected to officially submit their statements to the energy ministry today.

Bulgaria, along with other countries from Central and Eastern Europe, is meant to have its say on the Gazprom proposals by May 4. Individual renegotiations of contracts with Gazprom would come to play only when the proposals have been approved, the Bulgarian Ministry of Energy stressed in an e-mailed statement.

The proposed Gazprom commitments are expected to allow more competitive natural gas pricing for CEE countries. One of the measures in particular, concerning Bulgaria, was said to be Gazprom not seeking compensation from Bulgaria for the cancellation of South Stream gas pipeline.

TAGS: Bulgaria | Gazprom | natural gas | energy | antitrust probe | Europe | EU | gas price | competition 

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20.03.2022  Teodor Bobochikov, Managing Partner, V-Ridium
Energy Transformation – Trends and drivers
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