Ivan Ivanov, chair of the Energy and Water Regulatory Commission stated that without amendments to the law there is no way money can be refunded to consumers as a result of the reduction in natural gas prices. He added that such a decision with retroactive effect would be annulled in court, BNR reported.
Our country is an integral part of the Southern Gas Corridor through the Greece-Bulgaria gas interconnector. The fourth gas corridor in Europe plays an important geostrategic role for the diversification of the gas supplies for Bulgaria and the region, this country's Minister of Energy Temenuzhka Petkova said, reported by BNR.
The Bulgarian government on Thursday approved the participation of the country's main energy company, Bulgartransrgaz, in the LNG gas terminal in Greece, in a move designed to reduce its dependence on gas from Russia.
Bulgaria's share of the terminal located in northern Greece, offshore from Alexandropolis, will be 20 per cent.
Several gas-to-gas agreements between Bulgaria and Greece have been signed in Sofia. The treaties were signed by the line ministers of the two countries - Temenuzhka Petkova, Konstantinos Hatzidakis, shareholders, the European Investment Bank and BEH.
The two ministers also signed an additional tax regime agreement for the pipeline for 25 years.