Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Russia's Gazprom terminates its stake in Bulgarian company Overgas

Photo: Library

The Moscow-based energy company Gazprom has terminated its participation in the Bulgarian private gas company Overgas. This was announced by the Russian gas giant, quoted by Russian news agency TASS.

Gazprom's share was 50% of the stocks of the Bulgarian company. The transaction was made on January 27, 2021.

The process of separation between the two companies began in 2015. In order to buy back its shares, Overgas has taken out a loan of 117 million euros, Capital writes.

The Bulgarian gas company Overgas maintains 2,100 km of the country's gas distribution network and supplies gas to 51 municipalities in the country.



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

National strategy for people in energy poverty is needed

The Economic and Social Council insists on the creation of an Energy Poverty Observatory and Information System for Vulnerable Households, BTA reports. A national strategy is also needed, including a number of measures for people who..

published on 6/3/25 11:11 AM

Residents of Ruse await the arrival of the “Orient Express”

The legendary train “Orient Express”, will stop today at 12:45 p.m. at the Central Railway Station in Ruse, BTA reports. The train travels from Paris to Istanbul and will arrive from Romania. During the traditional stop of..

published on 6/3/25 10:12 AM
Atanas Zapryanov

Bulgaria is in favour of greater fiscal freedom in terms of defence spending

This country will strive to use the mechanisms of the European Union to have greater fiscal freedom in terms of defence spending while adhering to a conservative financial policy in view of the expected accession to the eurozone...

published on 6/3/25 10:04 AM