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Bulgartransgaz expands involvement on Balkan Gas Hub EAD trading platform

Oil&Gas Materials 16 October 2020 10:30 (UTC +04:00)
Bulgartransgaz expands involvement on Balkan Gas Hub EAD trading platform

BAKU, Azerbaijan, Oct.16

By Leman Zeynalova – Trend:

Bulgartransgaz EAD expands its involvement on the trading platform of Balkan Gas Hub EAD with the use of the weekly product, Trend reports citing Bulgartransgaz EAD.

Commercial participants who intend to accept Bulgartransgaz EAD weekly product offers for sale must keep a cash deposit in accordance with article 5 оf the updated version of the Trading General Terms and Conditions for Bulgartransgaz EAD involvement on the trading platform of Balkan Gas Hub EAD, reads a message from the company.

Balkan Gas Hub ЕAD was established by “Bulgartransgaz” EAD in January 2019 for the realization of the concept for establishment of a gas distribution hub on the territory of Bulgaria.

Balkan Gas Hub ЕAD operates trading platforms servicing the needs of the natural gas markets within the Balkan gas hub. In synergy with the physical infrastructure of the gas distribution hub, it provides the prerequisites required for establishment of the first, Bulgaria based, liquid physical and trading gas hub in the South Eastern Europe region.

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Follow the author on Twitter: @Lyaman_Zeyn

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