Podcast in English
Text size
Bulgarian National Radio © 2025 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

Port of Varna

A concessionaire is being sought for the Port of Varna

A concession will be granted for   the Port of Varna, which is an opportunity for investments worth hundreds of millions, Deputy Prime Minister Grozdan Karadzhov told the Parliamentary Committee on Transport and Communications, as quoted by..

published on 7/4/25 11:12 AM

Ferry operations near Oryahovo have been suspended due to low water levels in the Danube River

Ferry operations near Oryahovo have been suspended d ue to low water levels in the Danube River.  The situation is not unprecedented and occurs every summer, but this year the water level has dropped earlier than usual, said the Oryahovo-Bechet Ferry..

published on 7/4/25 10:42 AM

President Radev and Premier Zhelyazkov send greetings to the United States on the occasion of Independence Day

Bulgaria’s Premier Rosen Zhelyazkov extended his warmest congratulations to the President, the government and the people of the United States on the occasion of July 4 – Independence Day. ''Bulgaria and the United States continue to deepen their..

published on 7/4/25 10:26 AM