Natural gas for local industries at about 37% lower prices than the current levels is envisaged by the amendments to the Energy Law, passed by Parliament last week. Under the amendments glass factories and chemical fertilizer plants, which are the biggest gas consumers in the country, will be able to buy gas directly from producers and pay only a transit fee for the deliveries to the state-owned monopolist distributor Bulgargas. Under the long-term contract Bulgaria signed in 1998 Russia’s Gazprom is Bulgaria’s only gas supplier. Chemical fertilizers plants, which use between 1,4 – 1,9 BLN cubic metershave an outstanding debt of BGN 75 M to Bulgargas. Glass factories closed down because of the extremely high gas price – about BGN 300 per 1,000 cubic metres.

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