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26 Aug, 2022 14:28

EU nation wants to resume buying Russian gas

Bulgaria rethinks its stance after rejecting Moscow’s ruble payment demand in April
EU nation wants to resume buying Russian gas

The Bulgarian government is considering holding talks with energy giant Gazprom on resuming Russian natural gas imports, Energy Minister Rosen Hristov told Nova TV on Friday.

“There are still no active talks with Gazprom… but we have given an indication that we want to start negotiations, or rather to continue them to clarify some controversial terms of the contract. We simply sent information that we were ready to negotiate and asked them to resume contact,” he said, specifying that Sofia expects a response from the Russian supplier on Friday, or Monday next week at the latest.

The minister stressed: “We are only talking about the old contract; we will not re-sign or negotiate a new contract.”

According to Hristov, Sofia is seeking to extend the deadline to supply the remaining volumes of gas under the contract until 2023.

In April, Bulgaria rejected the ruble-for-gas payment method introduced by Russia in response to Western sanctions. Under the new regulation, buyers from countries that imposed restrictions on Moscow are obliged to pay for Russian natural gas in rubles. Sofia’s refusal to accept the new terms prompted Gazprom Export to halt fuel supplies to its Bulgarian partner, Bulgargaz.

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