Bulgarian Bulgargaz and Hungarian MV CIEnergy signed a memorandum for the supply and trade of liquefied natural gas

Bulgarian “Bulgargaz” and the Hungarian company “MVM CEEnergy” (MVM CEEnergy) have signed a memorandum in Budapest for the supply and trade of liquefied natural gas.

In the presence of President of Bulgaria Rumen Radev and Hungarian Prime Minister Viktor Orban, the memorandum was signed by Denitsa Zlateva, the executive director of the Bulgarian company, and Laszlo Fritsch, the general director of MV CIEnergy.

The memorandum is the result of joint efforts and active collaboration between the presidential institution and the Bulgarian government, as emphasized by Rumen Radev when speaking to journalists.

This agreement opens up new horizons for Bulgaria. Thanks to the pro-European policy of the caretaker government, we have achieved a breakthrough – gaining access to the liquefied gas terminals and gas transmission networks of both Greece and Turkey. With this agreement, Bulgaria is no longer merely a consumer and transit country for gas; today, we declare ourselves as active participants in the liquefied gas market for Central and Eastern Europe.

Rumen Radev, President of Bulgaria

According to President Radev, Bulgaria is now a factor contributing to supply stability and diversification of partners. He believes that this is just the beginning, and Bulgaria will establish itself as an indispensable player in the trade, supply, and supply guarantee of liquefied gas.

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