“Interfax”: Bulgaria has asked Gazprom to change the conditions for gas supplies
Bulgaria continues negotiations with Gazprom for the resumption of the supply of Russian gas, but sets a condition for changing the details of the contract. This was reported by the Nova TV channel, referring to the words of Bulgargaz chairman Ivan Topchiyski.
This was reported by “Interfax”.
“Although there is currently no offer, negotiations are ongoing. We do not know how the correspondence will develop, but it is likely that they will be delivered to be resumed. This topic is not completely closed.
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It’s about the contract we have until the end of the year. Hypothetically, they could change their terms. We will not close the page until there are guarantees that there are no risks for Bulgargaz in the event of a change in conditions,” said Topchiyski, quoted by a TV channel.
Gazprom stopped supplying gas to Bulgargaz (Bulgaria) and PGNiG (Poland) at the end of April due to non-payment in rubles.
On March 31, President Vladimir Putin signed a decree “On a special procedure for foreign buyers to fulfill their obligations to Russian natural gas suppliers.” According to the document, payment for Russian pipeline gas delivered after April 1 to foreign counterparties specified in the establishment must be made exclusively in rubles.
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For this purpose, Gazprombank opens valuable accounts in rubles and foreign currency type “K” for foreign buyers. The foreign buyer of gas payments in the contract currency, GPB sells on the Moscow Exchange and transfers rubles to Gazprom. At this point, the obligation to pay the natural resource is considered fulfilled. If the condition is not met, the delivery is terminated.
Bulgaria, along with Poland, was one of the first countries to implement the new system. According to Bulgargaz, “the new two-stage payment procedure proposed by Russia creates significant risks for Bulgaria, including making payments without receiving gas delivery from the Russian side.