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Business | April 9, 2026, Thursday // 18:21
Bulgartransgaz Changed the Consortium, Which Will Build "Turkish Stream" Through Bulgaria
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Bulgartransgaz changed the consortium, which will build "Turkish Stream" through Bulgaria. The reason - the previous favourite did not submit the required documents in time, and the second one, in the meantime, gave a more favourable offer.
The gas operator received a letter from the second ranked candidate - the German-Italian Consortium "Gas Development and Expansion in Bulgaria", registered in Luxembourg.
Vladimir Malinov - Executive Director of Bulgartransgaz: And they offer us a discount of 31.15% of their proposed price for the implementation of the project in the long term, namely 615 days.
They also offer a discount on the cost of project funding.
The suggested price of the consortium "Gas Development and Expansion - Bulgaria" with the discount is slightly over 1 billion 102 million EUR excluding VAT.
Other terms of the contract, including terms, remain unchanged.
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