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

Weather forecast: Sun and wind on Saturday, temperatures plummet on Sunday

On Saturday minimum temperatures will range from 5° C. to 10° C., in parts of the lowlands and valleys 1-4° C., for Sofia around 4° C. The day will be sunny but also windy. Maximum temperatures 20-25° C., for Sofia around 20° C. In the evening the..

published on 11/1/24 6:15 PM

BNT celebrates 65th birthday with special programme

On 7 November, Bulgarian public service TV BNT is marking 65 years since it was founded, BNT has announced. “BNT is a symbol of trust, of high-value and sustainable tendencies. It is our public mission to preserve the Bulgarian identity with a..

published on 11/1/24 4:07 PM

Bulgarian Socialist Party urges prosecutor’s office to react promptly to reports of vote manipulation

  The numerous reports of vote manipulation, of rigging ballots, of adding votes, of vote-buying, of coercion and controlled voting which have been sweeping over the public domain following the election for parliament, call for an immediate answer by..

published on 11/1/24 3:24 PM