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

Russia's Gazprom terminates its stake in Bulgarian company Overgas

Photo: Library

The Moscow-based energy company Gazprom has terminated its participation in the Bulgarian private gas company Overgas. This was announced by the Russian gas giant, quoted by Russian news agency TASS.

Gazprom's share was 50% of the stocks of the Bulgarian company. The transaction was made on January 27, 2021.

The process of separation between the two companies began in 2015. In order to buy back its shares, Overgas has taken out a loan of 117 million euros, Capital writes.

The Bulgarian gas company Overgas maintains 2,100 km of the country's gas distribution network and supplies gas to 51 municipalities in the country.



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

Sunshine, rising daytime temperatures expected on Monday

On Monday the weather will be mostly sunny, in the afternoon there will be scattered high clouds. Almost quiet weather is expected. Minimum temperatures will be mainly between minus 3°C and 2°C, slightly lower in the valleys of western Bulgaria, in..

published on 11/24/24 6:15 PM
Rumen Radev in Vietnam

President Radev meets with Vietnamese citizens who studied and worked in Bulgaria during his Vietnam visit

Rumen Radev's visit to Vietnam began with a meeting with the community of Vietnamese citizens who have studied and worked in Bulgaria - representatives of the Vietnam-Bulgaria Friendship Association. Hundreds of Vietnamese citizens are members of the..

published on 11/24/24 5:00 PM
MP Nadezhda Yordanova from PP-DB

PP-DB MP Yordanova: There is no agreement with GERB for a governing majority and posts

The deputy from "We Continue the Change - Democratic Bulgaria" Nadezhda Yordanova has denied the information that an agreement was reached with GERB - SDS for the formation of a governing majority , on the basis of which Atanas Atanasov from the..

published on 11/24/24 4:01 PM