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

Bulgargaz had to buy Russian gas through intermediaries

Photo: EPA/BGNES-archive

Bulgargaz had to buy Russian gas through intermediaries at higher prices because of the termination of gas supplies by Gazprom, Ivan Topchiysky, Chairman of the Board of Directors of Bulgargaz said for the BNT. In his words, gas traders are not intermediaries. They are companies that operate on the gas market and their business is to buy gas either from Russia, or liquefied gas, and sell it.

Topchinski expressed hopes that the price of gas for September will be lower and added that "there will be gas shortage as we get closer to the heating season". The price of gas of the seven U.S. LNG tankers is close to the market price. The tankers can be unloaded by December, said Ivan Topchiysky. The first 3 tankers of American LNG will provide sufficient volumes for household consumers by the end of 2022 and for half of Bulgaria's non-household consumers, Ivan Topchiysky said further. 




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

The Ministry of Labor and Social Policy provides temporary employment for 2,800 unemployed

In the coming months of 2024, around 2,800 unemployed people will start working under the regional employment programs, the press center of the Ministry of Labor and Social Policy reported. The programmes are funded by the Ministry of Labour and..

published on 7/4/24 12:46 PM
Dimitar Glavchev

Bulgaria sending troops to Ukraine is out of the question, PM Glavchev assures

Bulgaria sending troops to Ukraine is out of the question , caretaker Prime Minister Dimitar Glavchev said at the beginning of his hearing in parliament. Glavchev was briefing MPs on Bulgaria's position at the upcoming NATO summit in Washington. In his..

published on 7/4/24 11:29 AM
Бойко Борисов

GERB will no longer take part in negotiations, party leader says

GERB leader Boyko Borissov said that his party would no longer take part in negotiations and that the next step would be elections.   Speaking on the sidelines of Parliament, Borissov pointed out that after the rejection of GERB's government..

published on 7/4/24 11:06 AM