Bulgaria's Gas Grid Operator Takes Step to Market Liberalization

Energy | March 23, 2016, Wednesday // 15:19|  views

Gas grid operator Bulgartransgaz has announced it is ready with a draft set of balancing rules for the gas market, a move that constitutes the first step toward liberalization.

Balancing gas purchase contracts, the rules themselves, and other documents are available (only in Bulgarian as of the moment) on Bulgartransgaz's website.

The documents are due to be submitted to the national energy regulator, the Energy and Water Regulatory Commission (KEVR).

A Bulgartransgaz official has added that they are aimed at providing guarantees of non-discriminatory for any company willing to use the capacity of the gas transportation network, creating "incentives" for companies across the country.

A mechanism must be established under the new rules for the submission of queries by companies vying to book capacities, he has added.

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Tags: Bulgartransgaz, liberalization, gas, market


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