Bulgaria may suspend Russian gas transit to Serbia and Hungary

Bulgaria intends to review all contracts with Russia's Gazprom after the cessation of gas supplies to the country. The government is looking for possible legal ways to stop Russian supplies to Serbia and Hungary, which pass through the "Turkish Stream" through Bulgaria. This was reported by the Bulgarian newspaper Economic with reference to the Prime Minister Kirill Petkov.

"We will make a full review of energy contracts with Gazprom - not only for gas supplies, but also for transit. We must show that unilateral blackmail is not the kind of relations that Bulgaria will tolerate, "Petkov said.

Bulgarian Energy Minister Alexander Nikolov said that Bulgaria has always been an honest partner not only for Gazprom but also for neighboring countries. However, after yesterday's actions of Gazprom, the revision of transit contracts is necessary.

The minister also officially confirmed that Russian gas supplies to the country had stopped. "The government has a completely ready plan. Gas supplies will not be reduced or limited. At the moment, we have a clear plan for where other gas supplies will come from," he said.

Nikolov added that additional gas supplies to Bulgaria will come from Turkey and Greece in the form of both traditional gas and LNG. On Thursday, the Minister of Finance and the Minister of Energy will travel to Brussels to discuss the situation with European Commission President Ursula von der Leyen.

10:30 / 28 April 2022

Upcoming events
09:00 / 23 September, 2021
09:00 / 20 May, 2021
08:00 / 26 September, 2019
ODESA OFFSHORE CONFERENCE-2019 Ukraine has every chance to resume the work of the most promising oil and gas region, the Southern oil&gas fields. The untapped deposits of oil and gas are located both onshore and subsea. Four companies have already poised to conclude Production Sharing Agreements with Ukraine, whilst bidding for the Dolphin oil&gas fields on Black Sea shelf. The Odesa Offshore Conference (OOC2019) will serve as a venue for Ukrainian and international bidders to meet with local and international drilling, oilfield service and equipment manufacturers to kick-off emerging subsea and onshore projects in Ukraine.
All events