Bulgargaz announces a procedure for the purchase of natural gas for the second quarter of 2019


Bulgargaz EAD has announced a tender for delivery of about 144 million cubic meters of natural gas from April to June 2019, intended to be stored in the Chiren Underground Gas Storage Facility.

For the first time the company will try to buy gas on a market basis, beyond its long-term contract with Gazprom. The main criterion is the price, which should be lower than the approved by the energy regulator of about 45 Bulgarian leva per MWh.

The deadline for submission of tenders is March 29th and the deadline for conclusion of the contract is 12 April 12th.

Sources: Bulgargas EAD, publics.bg