US and UK companies will supply liquified natural gas to the Bulgarian market

US and UK companies will supply liquified natural gas to the Bulgarian market download this image

Ten international companies submitted binding offers in the framework of the tender announced by Bulgargas EAD for the supply of liquified natural gas (LNG) to the terminal in Alexandroupolis, Greece for the months of January and February 2025. A record number of international participants expressed interest in the tender. The UK company BPGas Marketing Limited was selected to supply LNG in January 2025 and Venture Global Commodities, one of the leading US liquified natural gas producers, was selected to supply LNG in February 2025.

"As a shareholder in the Alexandroupolis terminal, our country has access to diversified LNG supplies from our partners in the United States and Europe. The demonstrated interest and the selection of two of the largest international companies prove the significant interest in the gas market in our country and in the region," the Minister of Energy commented on the occasion of the conclusion of the tender.

This is the final stage of the tender procedure that Bulgargaz EAD announced at the end of August 2024 for the supply of a total of 5 cargoes (5 000 000 MWh) of LNG within its reserved capacity at the Alexandroupolis terminal. We remind you that the first tender was for the supply of natural gas in October, the second for the months of November and December, and the third procedure was for supplies in January and February 2025.

The successful completion of all three tenders guarantees secure and affordable supplies of natural gas to Bulgarian household and industrial consumers for the current autumn-winter season.

 
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