Bulgartransgaz

Bulgaria's Prime Minister Boyko Borisov said on Friday he has been assured by EU energy chief Maros Sefcovic that the European Commission will finance the construction of a gas interconnection between Bulgaria and its southern neighghbour Greece.

"I believe we'll be able to build it using European funds," Borisov told reporters in Brussels following a EU Council meeting.

Bulgarian Energy Holding (BEH) has announced fresh reshuffles at the country's state-owned gas transmission operator Bulgartransgaz.

This has been the second replacement of the state entity's senior representatives in the past two months.

The Bulgarian Energy Holding (BEH) has made changes to the Supervisory Board of state-owned gas transmission operator Bulgartransgaz.

The new members of the Supervisory Board of the company are Iliya Ivanov, Kiril Georgiev, and Vladimir Mitrushev.

They replace Krasimir Vitanov, Yovka Doychevska, and Denitsa Beyazova.

Bulgaria's state-owned gas supplier Bulgargaz has some 98.5% of its assets stored in Corporate Commercial Bank (KTB), data from the Economy Ministry shows.

A report cited by daily 24 chasa contains a list of companies holding over BGN 3 M in a single bank.

Only entities for which the sum accounts for more than a quarter of their assets are included.

Bulgaria's Ministry of Economy and Energy is preparing a stance on the steps it is taking in relation to the Russia -Ukraine gas dispute.

Energy Minister Dragomir Stoynev announced a few days ago that the government had responded to the latest development in the gas talks between Ukraine and Russia by starting to inject additional gas quantities into the Chiren gas storage facility.

Bulgartransgaz has received EU funding from the the Kozloduy International Decommissioning Support Fund (KIDSF) for the construction of 3 gas pipelines.