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    Novinite: Bulgaria Mulls Unilateral Declassification of Gas Contract with Gazprom

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Summary

Caretaker Minister of Economy, Energy and Tourism Asen Vasilev has said that the consequences of a potential unilateral declassification of the gas supply contract with Gazprom are yet to be studied.

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Press Notes

Novinite: Bulgaria Mulls Unilateral Declassification of Gas Contract with Gazprom

Bulgaria is studying the opportunities to resort to unilateral declassification of the gas supply contract between Bulgaria and Gazprom, according to Asen Vasilev, caretaker Minister of Economy, Energy and Tourism.

Vasilev's statement, as cited by investor.bg, came after the fourth sitting of the public council on energy at the Ministry of Economy, Energy and Tourism on Friday.

The sitting was devoted to price-setting in the energy sector.  

The participants in the discussion drew attention to the fact that the tariffs of Russian Gazprom for other EU member states were public, unlike the prices for Bulgaria.

Speaking after the meeting, Vasilev made clear that the research conducted so far indicated that Bulgaria could not publish the text of its gas supply contract with Gazprom, adding that it was yet to be revealed what a unilateral declassification would cost the country.  MORE