Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria to renegotiate gas prices with Azerbaijan as well

Bulgargaz Executive Director Nikolay Pavlov
Photo: BGNES-archive

Bulgaria will renegotiate the price of the natural gas that will be imported from Azerbaijan as of October this year, the Executive Director of Bulgargaz Nikolay Pavlov said. The price of natural gas from Azerbaijan which was already negotiated is higher than the current price of the Russian gas which was reduced by Gazprom by 40% yesterday. That is why Bulgaria will seek to renegotiate the price of the natural gas from Azerbaijan and bind gas prices with the prices on the gas exchanges, Mr Pavlov added. Bulgaria’s Minister of Energy Temenuzhka Petkova said that each month from now on the price of natural gas will be compared with the gas prices in the gas hubs in Italy, Germany and France. Until now, the prices have depended on the value of the oil derivative only without taking into account the spot market.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

MPs to make ninth attempt to elect National Assembly Speaker

The first session of parliament, which started on November 11, continues today. The MPs will make their ninth attempt to elect a Speaker of the 51st National Assembly. In the eighth attempt, GERB-SDS withdrew the candidacy of Raya Nazaryan for..

published on 12/4/24 5:05 AM

January 3rd will be a non-school day for the entire country

By order of the Minister of Education and Science, Prof. Galin Tsokov, January 3, 2025, has been declared a non-school day for all schools in Bulgaria.  The teaching content of January 3rd will be restructured by teachers so that it does not affect..

published on 12/3/24 6:36 PM

Police detain 10 persons in large-scale operation against migrant trafficking

10 people from a criminal organization for migrant trafficking have been detained in a police operation in the Burgas region . Among those detained is the organizer of the group, who is 30 years old. The investigation against them continued for a year..

published on 12/3/24 6:15 PM