Novinite: Lower Gas Prices in Bulgaria Only Possible with Local Production - Minister

Bulgaria will only get lower gas prices if it develops its gas production potential, according to Delyan Dobrev, Minister of Energy, Economy and Tourism.

Speaking Tuesday in an interview for the Bulgarian National Television (BNT), he said that the gas Bulgaria extracted from the Black Sea was 40% cheaper than natural gas imports.

He argued that Bulgaria could get tangibly lower gas tariffs only by encouraging local gas production.

Dobrev noted that boosting domestic gas production would make Bulgaria energy independent, at the same time guaranteeing prices half the ones the country was now paying.  MORE