ON AUGUST 12, 2022 A SUCCESSFUL AUCTION FOR THE PURCHASE OF NATURAL GAS FOR THE MONTH OF SEPTEMBER 2022 FROM BULGARGAZ EAD WAS HELD IN “BALKAN GAS HUB” EAD TRADING PLATFORM
Dear partners,
We are pleased to
inform you that on August 12, 2022, an auction was held on the trading platform
of " Balkan Gas Hub " EAD for the purchase of natural gas from
"Bulgargaz" EAD for the product with a delivery date of September
2022 with place of delivery virtual trading point of "Bulgartransgaz"
EAD (VTP Bulgaria).
43 companies had the
right to participate in the auction - members of the BGH market, which have the
necessary licenses to carry out the "natural gas trade" activity in
the country.
With huge interest and
a dynamic supply of offers for sale, the auction ended successfully, as all
quantities requested through the trading platform were traded for the month of
September 2022 by Bulgargaz EAD in the amount of 11,300 MWh/d.
Today's
successful auction proved that organizing auctions through the trading platform is
an effective option to electronically address the country's supply shortages in
the coming months and is of great benefit to the market
development and liquidity enhancement. With the help of the trading platform of "Balkan
Gas Hub" EAD, the predictability and transparency of the process of
procuring the necessary quantities is increased, achieving favorable conditions
for the public supplier and the companies that have quantities of natural gas
for Bulgaria, with timely planning and disclosure of detailed information on
upcoming auctions.
With regards,
"Balkan
Gas Hub" EAD Team