Bulgargaz EAD

Bulgargaz EAD is a single owner joint-stock company, registered under the requirements of the Commercial Act with seat and address of management in the Republic of Bulgaria. The Company is the sole Public Supplier of natural gas for the territory of the Republic of Bulgaria.

By the virtue of decision № Р-046 / 29.11.2006 of SEWRC, Bulgargaz EAD was issued a license № Л-214-14/29.11.2006 for public supply of natural gas, for a period of 35 years. During the license period the Company possesses with the following rights and obligations:

• to conclude deals with gas production enterprises and gas traders for purchase of natural gas in volumes, needed for covering the demand of the customers, physically connected to the gas transmission grid, and for the quantities, contracted for carrying out the activity of public suppliers;
• to conclude gas sales deals with customers;
• to conclude deals for gas transmission services with TSO and DSO’s;
• to conclude deals for gas storage services with Storage SO’s (SSO’s);
• to fulfill any additional activities related to the public supply of natural gas;
• the license-holder is obliged to provide customers with an uninterrupted and qualitative supply of natural gas;
• the license-holder is not entitled to decline conclusion of sales gas contract to the customer physically connected to the gas transmission grid or to a pubic supplier, in accordance with the legislation in force.