Start of Registration for Participation in the 2023 Gas Release Programme

Dear partners,

With regards to the auctions under the Gas Release Programme (GRP) for contracts with a delivery period in 2023, in line with the requirements of article 176а of the Energy Act, the Agreement for implementation of a Natural Gas Release Programme approved by Energy and Water Regulatory Commission (EWRC) and based on the 2023 Auctions Calendar, as well as the quantities and the principles of their allocation proposed by the public supplier, we would like to herewith inform the interested parties on the following:

Balkan Gas Hub EAD, as a Party to the Agreement for implementation of the Gas Release Programme and operator and administrator of the software for its implementation, as of today launches the registration of potential participants in the 2023 Programme.

In order to participate in the 2023 GRP Program, it is necessary to send completed and signed two copies of the Agreement for participation. Participation in the first two Auctions requires the submission of a completed and signed Annex 2 to the Agreement with stated specific exit points in the country, in connection with the fact that the first two Auctions are dedicated to ensure security of supply in the country and the transportation of the purchased quantities should take place to exit points in the country. Also, those candidates who have not participated in the auctions for a previous year, should send a duly filled in and signed Registration Form, altogether with the accompanying documents for participation in the current GRP 2023.

With regards to the participation in the auctions, the first of which will take place on 12 December 2022, we would like to ask the scanned copy of the above mentioned documents and the annexes thereto to be sent to the following e-mail address with a copy to by 5:00 pm (Sofia time) on 7 December 2022 (Wednesday).

They must be sent to the registry office of Balkan Gas Hub EAD in a sealed envelope bearing the wording „Documents on the participation in the 2023 GRP no later than 9 December 2022 (Friday) to:

Bulgaria, Sofia, 1756, Studentski district, residential complex Darvenitsa, bul. Sv. Kliment Ohridski, next to bl. 19, Kintex Business Building

We specify that an express notary certified power of attorney is required in case the documents shall be signed by a person that is not entered in the Trade Register as a person entitled to represent the company and sign any legally binding documents on behalf of the company.

The documents shall be submitted in original in the language in which they were issued, accompanied by a translation into Bulgarian or English language. The translation shall be certified by Apostille under the 1961 Hague Convention and endorsed by a sworn (registered) translator.

The registration for participation by the potential buyers of the quantities released under the Programme does not bind them to make binding tenders in the auctions, does not bind them to register on the other segments of Balkan Gas Hub EAD trading platform and does not require any other fees except the transaction fee under the 2023 GRP as approved by EWRC.

Contact person:

Ivaylo Moynov
Balkan Gas Hub EAD
Phone: +359 2 819 4052, Mobile: +359 886 315 598

Yours sincerely,

Balkan Gas Hub EAD Team