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Bulgartransgaz to use monthly product at Balkan Gas Hub

Oil&Gas Materials 7 November 2020 12:25 (UTC +04:00)
Bulgartransgaz to use monthly product at Balkan Gas Hub

BAKU, Azerbaijan, Nov.7

By Leman Zeynalova – Trend:

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

Trade participants who intend to accept Bulgartransgaz EAD monthly product offers for sale must keep a cash deposit in accordance with the Standardised natural gas sale and purchase terms and conditions on the trading platform - monthly product with the involvement of Bulgartransgaz EAD.

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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