Liquefied natural gas

Bulgaria has received Offers for the Supply of Natural Gas with a Secured Unloading Slot

Bulgaria has received several offers for the supply of natural gas, which do not require the country to look for a slot for its unloading, as this is provided by the trader. There is also an offer for direct delivery. Thus, the caretaker government will have no commitment to look for a natural gas unloading terminal.

IEA: Gas Consumption will Shrink because of Russia

Gas consumption will contract slightly this year due to high prices and reduced volumes of Russian gas to Europe, and will see only slow growth in the coming years as consumers switch to alternative energy sources.

In its latest quarterly report on gas markets, the International Energy Agency (IEA) cut its forecast for global gas demand in half.

Moscow: Sofia's Refusal of the New Payment System leads to more Expensive Gas

"Bulgaria's refusal of the new gas payment system proposed by Russia will inevitably lead to higher prices for end-users". This was stated in an interview with TASS by Yuri Phillipson, director of the Fourth European Department of the Russian Foreign Ministry.

The Greece-Bulgaria Interconnection started Test Gas Supplies

The Greece-Bulgaria gas interconnection (IGB) has started test gas supplies, the project company ICGB AD told Trend news agency.

"We have started test deliveries with real quantities of natural gas, as planned. However, this is not the beginning of commercial exploitation," the ICGB said.