Bulgaria is taking some new steps to ensure gas supplies. Recently Bulgaranz announced tenders for the supply of gas in the upcoming winter. In this approach, one-third of the necessary quantities will be supplied. Denitsa Zlateva, the executive director of the supplier, and Rosen Hristov, the acting minister of energy, made this announcement during a joint press conference.
Rosen Hristov commented that The caretaker government had set goals for twice the gas needed for the country’s consumption. According to the needs, Bulgaranz announced three tenders.
- To supply liquified gas from November to December
- To supply liquified gas for 2023
- To supply liquified gas from 2024 to 2034
Denitsa Zlateva specified that The long-term liquefied gas supply tender would take six months, and the winner will be announced during the following regular government. Now that the tender has been announced, all the necessary steps can be finished in time.
Yesterday, Bulgaranz expanded its reserved capacity for the continuous supply of liquefied gas from the terminal in Alexandroupolis. Bulgaria is expected to negotiate some terms to ensure additional slots at several liquefied gas delivery terminals, which are expected to be fully operational in 2024.
Rosen Hristov said, “In contrast to the ongoing negotiations under the previous administration, what we are presenting today represents a significant step in the diversification process. Results for October are available, pricing has changed, and we are moving on as planned”.
He added that the caretaker government is still trying to continue talks with Gazprom. Gazprom recently responded to Bulgaria, which ignites the hope for negotiations. The caretaker government has taken some serious steps to increase the Azeri supplies.
Hristov explained, ” Proper diversification entails offering amounts that are at least 130% to 150% of what is required so that we can move to another supplier if the first one is unable to keep its promises. Realistically, if all talks go well, we will supply more gas than is required, and Bulgargaz will be able to provide for Europe. This is also a component of our strategy: to make Bulgargaz a for-profit business that does more than meet the nation’s requirements”.