Bulgargaz Pursues Legal Action Against Gazprom Over Gas Supply Cuts
During a briefing at the Ministry of Energy, it was revealed that Bulgargaz intends to pursue legal action against Gazprom Export, seeking damages amounting to BGN 400 million
Bulgaria had requested about a week ago a new, more favorable contract with Russia's "Gazprom".
The news was announced by Bulgaria's Energy Minister, Petar Dimitrov, during the energy business forum, held in the frame of the Sofia energy summit "Natural Gas for Europe."
The new contract must include less transit taxes and provide an alternative supply route should a gas crisis such as the one in January arise, Dimitrov stated, adding that the agreement would further include guarantees from Russia and clear text about the responsibility for compensations in case the supplies are halted.
The current contract with "Gazprom" expires at the end of 2010.
Dimitrov pointed out that Bulgaria's requests were going to be discussed during the official visit of Bulgaria's Prime Minister, Sergey Stanishev, to Moscow next week.
Stanislav Tsigankov, official "Gazprom" representative at the business forum, stated that his company had no intentions of signing a new contract with "Bulgargaz" because the current one had not yet expired.
The CEO of "Bulgargaz", Dimitar Gogov, on his part, said he did not care about Tsigankov's comments since "Bulgargaz" had already notified "Gazprom" about their request for new contract.
Tsigankov pointed out that during the upcoming visit of Bulgaria's PM to Moscow, "Gazprom" was only prepared to sign the "South Stream" project agreement.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
During a briefing at the Ministry of Energy, it was revealed that Bulgargaz intends to pursue legal action against Gazprom Export, seeking damages amounting to BGN 400 million
"Toplofikatsia Sofia," the capital's heating supply company, has proposed a significant reduction in the price of thermal energy starting from July 1st
The Kozloduy Nuclear Power Plant (NPP) in Bulgaria is set to embark on a significant transition as it begins the process of replacing Russian nuclear fuel with American fuel from Westinghouse
Bulgargaz, the leading public gas supplier in Bulgaria, anticipates a notable decrease in the price of natural gas for the upcoming month of May. According to Lyudmila Vitanova
Eurostat's latest findings have shed light on the shifting landscape of household energy prices in the European Union, with Bulgaria emerging as a frontrunner in affordability.
The Nuclear Regulatory Agency (NRA) has greenlit the phased transition to a new type of nuclear fuel for Unit 5 of Kozloduy Nuclear Power Plant (NPP), manufactured by Westinghouse
Sofia Airport's Terminal 3 Construction Set to Begin in Early 2026
COVID-19 Impact: Bulgaria's Grim Milestone as Highest Death Rate in EU