Energy Commission Chief: Bulgaria has Not Signed a Contract for the Supply of US LNG Yet

"If the storage in Chiren is not 100% full and the gas connection with Greece does not work, there is a risk of gas supply to consumers and district heating". This was stated on BNT by the chairman of the Energy and Water Regulatory Commission (EWRC) Stanislav Todorov. He also announced that a contract for the supply of American liquefied natural gas has not been signed yet.

"So far I think that negotiations are underway, but as far as I am aware, I cannot confirm whether there is one signed. The moment such a step is taken, the contract must be submitted to the EWRC for approval. So far, I think negotiations are underway, but as far as I am aware, I cannot confirm whether one has been signed. The second thing that needs to happen in order to guarantee consumption in Bulgaria is to fill Chiren to 100%. At the moment it is 23%. I think it's too little. About 15% must be filled from now on without missing a single day, so that it can be filled by October 1. The third thing that needs to happen is for the gas connection with Greece to be built and start operating," Todorov said.

"There is speculation that there will be electricity regime in our country", said the head of the EWRC. Because Bulgaria has the capacity to produce almost twice as much as it consumes. If the crisis deepens, it is an option to stop the export of electricity, but Todorov does not see a realistic hypothesis for this to happen.

He added that the cheapest energy will probably be during the day, and not as before at night. In our country and in the neighboring countries many photovoltaic installations are installed and during the day between 12.00 and 16.00 is the lowest energy throughout the day.

"Bulgaria produces a large part of the...