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Bulgaria Relinquishes Russian Gas
7.07.2011 13:45
 Bulgaria Relinquishes Russian Gas

Bulgaria intends to reduce purchases of Russian gas and reject Gazprom's long-term contracts for the next three years. As a result, Gazprom may lose one more customer in Europe. Earlier, Croatia has already relinquished Russian gas. 

      Bulgaria's decision was announced by Traycho Traykov, Bulgarian Minister of Economy,  Energy and Tourism. According go Traykov, Bulgaria aims at restricting the gas deals with Russian Gazprom to no more than 500,000 cubic meters of gas annually. This is a four-time decrease in Russia’s export to Bulgaria, according to Focus Fen.


Author: Ksenia Dzhalagonia

Tags: Gazprom Resources    

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