Natural gas storage

Bulgaria's Bulgargaz Opposes 2.5% Gas Price Cut Proposal

Bulgaria's state-owned gas supplier Bulgargaz has warned that a gas price cut will put it into a difficult financial situation.

Alexander Petrov, head of a department of Bulgargaz, presented the opinion of the company on the gas price cut proposal of the State Commission for Energy and Water Regulation (DKEVR) at an open sitting of DKEVR on gas prices as of July 1, 2014.

Bulgaria Govt Guarantees Supplies for 3-4 Months in Case of Gas Crisis

Bulgarian Deputy Prime Minister Daniela Bobeva has explained that the government is ready to secure gas consumption for a minimum of 3-4 months in the case of a gas supply crisis.

Bobeva, as cited by the Bulgarian National Radio, announced Monday that additional gas quantities were being injected into the Chiren gas storage facility.