Page 10 - GLNG Week 20 2022
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GLNG                                              EUROPE                                               GLNG


       US LNG for Bulgaria to cost up to 5%




       less than Russian gas, MP says




        POLICY           THE liquefied natural gas (LNG) that Bulgaria  Russia’s Gazprom, while the supplies afterwards
                         will receive from the US in June will cost between  will be much cheaper than that.
                         2% and 5% less compared to the natural gas the   Gazprom stopped deliveries to natural gas
                         country could have been buying from Russian  to Bulgaria at the end of April, after the country
                         Gazprom, Ivailo Mirchev, an MP from Demo-  refused to start paying in rubles.
                         cratic Bulgaria, said on May 16 in an interview   Petkov said that the two US ships with LNG
                         with public broadcaster BNR.         will arrive on June 8 and 13. He has not disclosed
                           Earlier in May, Prime Minister Kiril Petkov  the name of the US company that is selling the
                         announced that the country will receive two  LNG.
                         shipments of LNG from the US in June and a   Also on May 16, Bulgaria’s government pro-
                         contract for long-term imports will be signed.  posed that local companies should compensate
                         Petkov said the price of the LNG that will arrive  80% of the electricity price if the price is above
                         in June will be lower than that demanded by  €102.3 per MWh.™
































































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