Energy expert Ivan Hinovski drew a terrible picture after Russia announced that it would cut off our gas from tomorrow, April 27.
Work on district heating cannot continue without Russian supplies, Hinovski, chairman of the Bulgarian Energy and Mining Forum, told bTV. According to him, according to the regulatory requirements, they must have a stock of bitumen.
The industry is more important because it is in shock right now. We are 95% dependent on Russian gas, the expert said.
As this was expected, Bulgaria should have taken the appropriate measures, at least we should have a ready contract for interconnection with the Turkish gas system, because from there we can get the fastest supplies of natural gas.
And the other – swap deals through Revitusa from Greece, albeit in small quantities. In reality, Bulgaria now needs about a billion – 1.5 billion cubic meters of gas per year. There are much less left for the rest of this year. By the end of this year – maybe half, “said Ivan Hinovski.
According to him, the preparation with the neighboring countries, normative and political, is very important. Over 95% of the gas that Bulgaria consumes is from Gazprom, the expert stressed once again.
“I would even say that this gas, which we call Azerbaijani, has a largely Russian component, so we can say that we are 95% dependent on Russian gas,” Hinovski said.
In connection with the expected increase in the price of natural gas from May 1, we remind you that Bulgargaz requested a 5.3 increase, Ivan Hinovski said he did not expect an increase in prices.
“If Bulgaria manages to negotiate a new extension of the agreement, which is possible, as long as there is political and economic wisdom, I do not expect an increase in gas prices, because all analyzes and forecasts of gas prices in Europe show a slight decline at the price of natural gas, so we should not expect a larger price increase than requested by Bulgargaz, “the expert added.
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