Just one potential arbitration under the contract with “Gazprom Export” for failure to use the contractual portions will end result in payment by the bash multi-digit amount of money. She warned him interim electrical power minister Rosen Hristovdescribed the press heart of the ministry. The last thing our country requires correct now is to dispute situations that we will possibly drop and the end result will be adverse, is the minister’s opinion.
Accounts in accordance to ME to day – by deal we are obliged to use at minimum 80% of the sent quantity of 3 billion cubic meters of purely natural gasoline. So considerably with this contract we have used 1 billion cubic meters, but it should be 2.4 billion. If we do not use them, we will nonetheless be obligated to pay back for it, the section states.
It was also created simulation centered on the pricing formulation in the existing deal with Gazprom Exportwhich reveals that this (Russian) fuel is the second lowest priced soon after Azerbaijani gas. The minister indicated for comparison the price tag of the two tankersagreed by the previous authorities, whose discharge is predicted at Revitusa in September, is 50% more than Gazprom’s provides.
The EC is waving its finger at us for gasoline in rubles
We are violating the sanctions
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Bit our lengthy term agreement we can get low-priced gaswhich we have to havethe much more we blend the election campaign with the economy, the even worse it will have an affect on the finish user, regardless of whether they are domestic shoppers or companies, the Strength Minister also stresses.
It does not rule out the likelihood negotiate fuel with other suppliersas extended as it has a aggressive price. Negotiations are ongoing with Turkey, Saudi Arabia and other international locations. If the federal government manages to trade all-natural gasoline at suitable prices from other sources, all those materials will be negotiated, the Power Minister’s terms obviously showed.
Restored
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Cupboard: No gasoline following September, negotiations with Gazprom are inevitable
On the other hand, the previous government produced negotiations with the Russian corporation “almost unattainable”.
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The press heart of the Ministry of Instruction remembers this a couple times in the past trade unions and employers’ corporations they said that a basic need for them is to acquire all-natural gas at sensible prices. The govt will operate tricky to protect their interest and competitiveness, the vitality minister stressed.
Rosen Hristov held a operating meeting to check the progress of development the Greece-Bulgaria interconnection. The assembly was attended by the development firm “Avax”, ICGB, “Bulgartransgaz”, Ministry of Training and Lifestyle and DNSK.
Concerning the development of the design of the interconnection, the inspection discovered potent mobilization and good coordination in between the teams liable for the over-all completion of the website. There are no delays with respect to the system offered times ago. In the coming week, at the invitation of Minister Hristov, the strength ministers of Greece and Romania must arrive in our nation. The overall progress of the task should also be talked over with them.
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The Interconnector Builder: we are completely ready by 2-3 September
He cited the COVID-19 pandemic as the cause for the hold off
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We remind you that in early July, Key Minister Kiril Petkov and his Greek colleague Kyriakos Mitsotakis they learned the interconnection with Greece. Having said that, a check out from the incumbent ministers Hristo Alexiev and Ivan Shishkov observed out the fuel connection is considerably from full. Alexiev stressed that they did not obtain fuel, but an unfinished construction. In a briefing, Interim Electrical power Minister Rosen Hristov said it is scheduled for early September for Azerbaijani fuel to circulation by way of the pipeline. The very first two or three days immediately after the inspection, the MRRB despatched out photographic content with the repair service and construction pursuits, but then refused to exclusively advise the media of what was getting performed. This week, this is the initial inspection to be carried out.
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