Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Gazprom sells its stake in Overgas Inc.

Photo: EPA/BGNES

Gazprom is selling its 50-percent stake in gas company Overgas Inc., registered in Bulgaria. For many years Overgas Inc. used to be an intermediary in deliveries of certain quantities of natural gas to Bulgaria. With revenues Overgas created gas supply networks in a number of villages and towns in the country. In the last working day of 2015, Gazprom Export informed the management of Overgas Inc., that gas supplies to the company would stop on January 1, 2016, which directly affected 59,000 households in the country. Due to urgent decisions by the cabinet, the crisis was quickly resolved with supplies from Bulgarian state company Bulgargaz. Later Overgas Inc. filed a claim at the arbitration court in Paris, arguing that halting gas supplies was in violation of a contract.



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

Almost 60% of workers in Bulgaria earn wages below the subsistence minimum

The necessary net monthly income for subsistence for a worker living alone in September 2025 is 1,547 leva (748 euros) . For a three-member family with a child under 14, 2,785 leva (1,346 euros) are needed. This was announced by Violeta Ivanova, deputy..

published on 10/29/25 2:32 PM

CEM has been reminded that communism in Bulgaria has been declared criminal by law

Prof. Vili Lilkov and lawyer Petar Slavov have notified the Council for Electronic Media (CEM) for illegal broadcasting of the 1969 series "Every Kilometer", the website of the Union of Bulgarian Journalists sbj-bg.eu reports. An..

published on 10/29/25 11:12 AM

Speaker of the Parliament from BSP gives the seat to Deputy Speaker from GERB

I have submitted an application to resign from the position of President of the National Assembly, Nataliya Kiselova announced after opening the plenary session on October 29. "Today I am resigning and in this way I am showing how..

published on 10/29/25 10:24 AM