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

Boyko Borissov

Bulgaria could face fuel shortages if Lukoil stops operating, says GERB leader Borissov

Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on Thursday. Prime Minister: Bulgaria has a month to decide how to proceed after US sanctions on..

published on 10/23/25 2:13 PM

Prime Minister: Bulgaria has a month to decide how to proceed after US sanctions on Lukoil

Bulgaria has until 21 November to decide how to proceed with the Lukoil Neftochim refinery, Prime Minister Rosen Zhelyazkov said on Thursday ahead of a meeting of EU leaders in Brussels. He was apparently referring to the end of a US Treasury..

published on 10/23/25 1:57 PM

The Bulgarian army will gradually make up for its personnel shortage

The Bulgaria army will make up for the lack of personnel but not immediately. For 2025, we have money to hire only 1,000 new soldiers, said Defense Minister Atanas Zapryanov before the relevant parliamentary committee.  The committee supported the..

published on 10/23/25 11:32 AM