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17.07.2018 10:01
The amounts owed by Toplofikatsiya Sofia to Bulgargaz are rising

  • © Toplofikatsiya Sofia

The overdue debt of Toplofikatsiya Sofia to Bulgargaz has risen to BGN 100 million, with the amount accumulated from September last year to July 2018 is nearly BGN 52 million. The statement was made in an interview for Horizont, by the executive director of Bulgargaz, Nikolay Pavlov. Another BGN 27 million are owed by the district heating companies of Burgas, Pleven and Vratsa. This could difficult the payments which Bulgargaz has to make to its supplier Gazprom, Nikolay Pavlov stated.

We expect that by the end of July, Toplofikatsiya Sofia will pay BGN 40 million and the rest BGN 52 million for the autumn-winter period should be paid by the end of August, the executive director of Bulgargaz added. “The message is clear: it must be paid.” he stated. If no payment is made, Bulgargaz will take the necessary action to collect the amounts due, Pavlov explained. Additionally, he stated that the district heating company has been warned several times that it must pay for the fuel delivered, so that Bulgargaz does initiate court proceedings.

"District heating companies account for nearly 40% of Bulgargaz's revenues, which has a significant impact on the financial stability of the gas provider and on the security of gas supplies to the country. Over the years, their owed amounts have shaken Bulgargaz's financial stability. By the beginning of 2015 they had reached almost BGN 380 million. To date, they amount to BGN 127 million, "Nikolay Pavlov said.

TAGS: Bulgargaz | Toplofikatsiya Sofia | district heating | gas 

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