Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria to renegotiate gas prices with Azerbaijan as well

Bulgargaz Executive Director Nikolay Pavlov
Photo: BGNES-archive

Bulgaria will renegotiate the price of the natural gas that will be imported from Azerbaijan as of October this year, the Executive Director of Bulgargaz Nikolay Pavlov said. The price of natural gas from Azerbaijan which was already negotiated is higher than the current price of the Russian gas which was reduced by Gazprom by 40% yesterday. That is why Bulgaria will seek to renegotiate the price of the natural gas from Azerbaijan and bind gas prices with the prices on the gas exchanges, Mr Pavlov added. Bulgaria’s Minister of Energy Temenuzhka Petkova said that each month from now on the price of natural gas will be compared with the gas prices in the gas hubs in Italy, Germany and France. Until now, the prices have depended on the value of the oil derivative only without taking into account the spot market.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Bulgarians prefer the democratic world

Trust in NATO (40.1%) and the EU (59.5%) in Bulgaria has increased by 8 and 5 percent respectively in comparison to 2023, according to a study by Gallup International Balkan on attitudes towards the two organizations.   Speaking to..

published on 10/2/24 12:06 PM

Good neighbourly relations are key to the EU integration of Balkan countries

At the invitation of his German counterpart Annalena Berbock, minister Ivan Kondov participated in the meeting of foreign ministers of the countries of the Berlin Process. At the forum in Berlin, Kondov pointed out the importance of..

published on 10/2/24 11:27 AM
Jerusalem, 1 October 2024

Bulgarians in Israel are calm before the holiday of Rosh Hashanah

Bulgarian Jew David Levi, who survived Iran's missile attack against Israel in a bomb shelter, has told BNR that the situation in the country has calmed down with the opening of the airspace. This is a sign that the attack has passed,..

published on 10/2/24 10:39 AM