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

MPs face seventh failed attempt to elect Parliamentary Speaker

In a record-long session lasting 18 days, Bulgarian MPs made a seventh failed attempt to elect a speaker of the National Assembly. After several breaks and a re-vote for the oldest MP, Silvi Kirilov from “There Is Such a People" (ITN), only a few..

published on 11/28/24 3:26 PM

Delyan Peevski says he can form a cabinet if given the opportunity

The leader of “МРФ – New Beginning” Delyan Peevski has expressed his readiness to take the post of prime minister. “When we are the first party, I will form a government,” he said on the sidelines of the National Assembly. “If the Bulgarians give..

published on 11/28/24 2:51 PM
Boyko Borissov

Boyko Borisov: There is no chance for GERB-SDS, PP-DB, BSP-United Left and ITN to form a cabinet

The chairman of GERB Boyko Borisov once again stated that the winning formula for forming a regular government is for it to be supported by GERB-SDS, “We Continue the Change – Democratic Bulgaria”, “BSP – United Left” and ITN. However, he clarified that..

published on 11/28/24 2:42 PM