RECORD LOW PRICE OFFERED ON ANONYMOUS LONG-TERM SEGMENT OF BALKAN GAS HUB

Dear partners, 

We would like to inform you that as of 09:00 am today, at the anonymous long-term segment on the Balkan Gas Hub EAD trading platform an offer has been made with a delivery period April 2020 with a price 26.00 BGN/MWh or 0.21 BGN less than the estimated regulatory price as of 1 April 2020.  The platform is open for monthly product “April 2020” transactions until the last business day of the month which could also lead to a real transaction for the volumes offered at the respective price.

It should be noted that the proposed offer with a price of 26.00 BGN /MWh includes costs for access and transmission to a virtual trading point which makes the price even more competitive.

Sincerely,

Balkan Gas Hub EAD Team