Easter Monday in Bulgaria: Tradition and Family Visits
Orthodox Easter Monday is the day following Easter Sunday and is observed across Bulgaria as part of the wider Easter celebration within the Orthodox Christian tradition
What is the Name of the US Company that Supplies Bulgaria with Liquefied Gas Tankers?
- Tweet
Send to Kindle
@Flickr
A month ago Prime Minister Kiril Petkov, after a visit to the United States, announced that Bulgaria had bought two LNG tankers for about 200 million cubic meters of gas in total. They can cover our full consumption for June, with deliveries expected to arrive on June 8 and 23. The price is not known, but it is assumed that it may be below the market at the moment. The only thing we never found out was which company agreed to the deal, which was mediated by the US government.
The American company Cheniere is the supplier of the two already ordered liquefied natural gas tankers for Bulgaria. This was announced on Sunday in front of BNT by the energy expert Vasko Nachev.
In fact, as confirmed by Vasko Nachev, Cheniere is the company with which our country has an old long-term contract for the supply of liquefied gas but it has not yet been activated. It should enter into force at the opening of the gas terminal in Alexandroupolis, in which our country has a shareholding. However, the contract is for a negligible amount - only 50 million cubic meters.
According to the expert - given the situation - the contract will be withdrawn at an earlier time and will be with increased volumes for supplies. It is important to keep in mind that the two tankers we expect soon are not at long-term contract prices. It is not clear whether they include any trade discounts, because this is a trade secret.
However, if Cheniere's contract is renewed and changed, Bulgaria could win in the long run. The goal is to negotiate deliveries at prices at the American "Henry Hub" - the most liquid gas exchange in the world, where the price starts at $28, much lower than European exchanges.
Cheniere began operations in 2016 and is currently, according to the company's website, the largest producer of LNG in the United States and the second-largest operator in the world. The company's gas is sold on five continents.
It is headquartered in Houston, Texas, and has LNG facilities in southwest Louisiana and South Texas. Cheniere has offices in London, Singapore, Washington, Beijing and Tokyo.
Follow Novinite.com on Twitter and Facebook
Write to us at editors@novinite.com
Информирайте се на Български - Novinite.bg
/ClubZ
Related Articles:
Bulgaria Sees Modest Monthly Industrial Growth, But 8% Yearly Drop Persists
Industrial output in Bulgaria posted a modest monthly increase in February 2026, but continued to decline sharply on an annual basis, according to preliminary, seasonally adjusted data from the National Statistical Institute.
Trade Unions Warn: Prices in Bulgaria Won’t Fall Back Even If Fuel Gets Cheaper
The president of the Confederation of Bulgarian Trade Unions, Plamen Dimitrov, has warned that inflation in Bulgaria is likely to exceed earlier projections, even if fuel prices begin to decline
ECB: Euro Adoption Brought Only Limited, One-Off Price Impact in Bulgaria
The introduction of the euro in Bulgaria has so far produced only a limited and largely one-off effect on consumer prices, according to an analysis by the European Central Bank
“Christ is Risen!” Bulgaria Celebrates Easter
Easter is the most important religious holiday in the Orthodox Christian calendar and is widely celebrated across Bulgaria. It marks the resurrection of Jesus Christ and follows the completion of Holy Week, which includes Good Friday and Holy Saturday
Bulgaria Marks Holy Saturday Ahead of Easter Night
Holy Saturday, known in Bulgaria as Lazarus Saturday’s continuation of the Easter cycle, is a quiet but deeply symbolic day in the Orthodox Christian calendar
Bulgaria Hit by Fuel Shock as Diesel Prices Surge 37% Since Iran War Began
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
Bulgaria: Second Black Sea Drilling in Khan Asparuh Block Fails to Find Natural Gas
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
Sofia Heating Price Hike Near 30% Sparks Backlash Over Household Costs
The Ombudswoman institution has voiced strong opposition to the proposed increase in heating prices in Sofia, which is expected to approach nearly 30 percent
Bulgaria Locks in Cheaper Natural Gas for April as Azerbaijan Deal Keeps Prices Below EU Average
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 Shock in Bulgaria: Diesel Prices Skyrocket Nearly 30% in One Month
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 Confirms 5% Gas Rise for April, Says No Big Jumps Expected Soon
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
