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EU calls for Bulgaria to sell Bulgartansgaz
EU antitrust regulators have told Bulgaria that it should sell its state-owned gas network operator Bulgartransgaz or face fines of up to €300mn, Bulgarian Prime Minister Boiko Borisov told reporters in Brussels recently. Borisov said such a sanction would be unacceptable to Bulgaria. Last year the EU Executive Commission charged state-owned Bulgarian Energy Holding, the owner of Bulgartransgaz, with breaching EU antitrust rules by hindering competitors’ access to key gas infrastructure in Bulgaria.
News Item details
Journal title: Petroleum Review
Subjects: Banking, finance and investment, Policy and Governance, Economics, business and commerce, Regulation, Gas, Energy policy
