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

Bulgargaz had to buy Russian gas through intermediaries

Photo: EPA/BGNES-archive

Bulgargaz had to buy Russian gas through intermediaries at higher prices because of the termination of gas supplies by Gazprom, Ivan Topchiysky, Chairman of the Board of Directors of Bulgargaz said for the BNT. In his words, gas traders are not intermediaries. They are companies that operate on the gas market and their business is to buy gas either from Russia, or liquefied gas, and sell it.

Topchinski expressed hopes that the price of gas for September will be lower and added that "there will be gas shortage as we get closer to the heating season". The price of gas of the seven U.S. LNG tankers is close to the market price. The tankers can be unloaded by December, said Ivan Topchiysky. The first 3 tankers of American LNG will provide sufficient volumes for household consumers by the end of 2022 and for half of Bulgaria's non-household consumers, Ivan Topchiysky said further. 




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

Energy Minister Zhecho Stankov (L) and Justice Minister Georgi Georgiev at a press conference.

Energy minister says Bulgaria’s fuel supplies safe until year-end

Fuel supplies for the domestic market are fully secured until the end of the year , Energy Minister Zhecho Stankov said, following the United States’ sanctions on Russian oil giants Lukoil and Rosneft. He added that the market would be closely monitored to..

published on 10/24/25 4:07 PM

Bulgaria’s defence industry offers opportunities for successful partnerships, President Rumen Radev says

“Bulgaria’s defence industry is renowned for its quality and enjoys an excellent international reputation. This offers great opportunities for close cooperation with Vietnam in the security sector,” President Rumen Radev said during a visit to the..

published on 10/24/25 3:11 PM

Cabinet to reallocate security service cars to President’s administration

The Council of Ministers has proposed transferring vehicles from the National Security Service (NSO) to the Presidential Administration through a legislative change, Bulgaria National Radio reporter Tsvetelina Stoyanova reported. This would not put a..

published on 10/24/25 2:04 PM