Wolf Theiss

Bulgarian Energy Law Amendments Introduce Domestic Natural Gas Exchange

In an important step towards further liberalization of its natural gas market, Bulgaria recently published important amendments to its Energy Act, introducing a new framework for a domestic natural gas exchange. The changes aim at enhancing the liquidity and liberalization of the natural gas market, with potentially important implications for businesses with interests in the industry. The Amending Act sets a short timeline for implementation - key rollout dates are planned for as soon as late 2019 and early 2020, and specific mechanisms for implementation are expected in forthcoming secondary legislation.

 

Important details can be found below.

For further information please contact

Radoslav Mikov
Radoslav
Mikov
Partner
Bulgaria
Anna Rizova
Anna
Rizova
Partner
Bulgaria
Katerina Novakova
Katerina
Novakova
Senior Associate
Bulgaria

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