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The Bulgarian-Russian natural gas company Overgas claimed on Saturday that it has no overdue debts to any organizations, including Gazprom Export.
This statement comes in response to the dispute between Overgas and Gazprom, which threatened to leave the customers of the former without gas supplies from January 1.
On Wednesday, Bulgarian officials announced that they had received a copy of a letter from Gazprom informing Overgas that the Russian energy giant will halt gas supplies to the private company starting from January 1.
Overgas claimed that it had not received such a letter.
Following several extraordinary meetings on energy issues convened by Bulgarian Prime Minister Boyko Borisov, a solution to the crisis was found.
On Thursday, state-owned Bulgargaz and Overgas reached an agreement that the former will provide gas supplies to the customers of the latter.
Earlier on Thursday, the Russian foreign ministry had assured that it will not halt gas supplies to Bulgaria.
As of Friday, gas supplies to all consumers in Bulgaria were running normally although reports suggested that Gazprom had halted them at midnight on January 1.
The most likely causes for the dispute are overdue payments and unsettled commercial issues between Overgas and Gazprom.
Bulgaria’s fuel market has recorded a sharp upward shift since the outbreak of the war in Iran, with diesel and petrol prices rising significantly across the country
The second exploration drilling in the Krum-1 area of the Khan Asparuh block in Bulgaria’s Black Sea has also failed to identify commercially significant natural gas deposits, according to OMV Petrom
The Ombudswoman institution has voiced strong opposition to the proposed increase in heating prices in Sofia, which is expected to approach nearly 30 percent
The Energy and Water Regulatory Commission (EWRC) in Bulgaria has set the price of natural gas for April 2026 at 34.27 euros per megawatt-hour, excluding access, transmission, excise duties and VAT
Fuel prices in Bulgaria have recorded a sharp upward movement over the past month, with diesel showing the most significant increase, according to data from the Fuelo platform
Bulgargaz has defended its previously submitted proposal for a 5% rise in natural gas prices for April before the Energy and Water Regulatory Commission, with CEO Veselin Sinabov stressing that there is currently no justification for any further increases
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