Bulgaria is lagging in accumulation of gas reserves

EU countries have until the end of October to secure the necessary winter stocks, yet Bulgaria’s gas storage facility in Chiren is only at 73.11%, and the rate of filling the facility is below half a per cent per day, data from Gas Infrastructure Europe reads. [EPA-EFE/ACHILLEAS CHIRAS]

Bulgaria will not achieve the EU’s minimum goal of filling up to 80% of its gas storage by the start of the heating season, which in the EU begins on 1 October, EURACTIV’s partner Dnevnik reported.

EU countries have until the end of October to secure the necessary winter stocks, yet Bulgaria’s gas storage facility in Chiren is only at 73.11%, and the rate of filling the facility is below half a per cent per day, data from Gas Infrastructure Europe reads.

This means the heating season will not be met with sufficient reserves, though Bulgaria could still meet EU targets by the end of October.

Most European countries manage to cope with the acquisition of gas reserves, with the average fill rate of underground gas storage in the EU reaching 87.4%. The gas storage facility in Chiren is one of the smallest in the EU, with a volume of 550 million cubic metres, with annual consumption in Bulgaria of about three billion cubic metres per year.

Bulgaria is consuming less gas than ever, with the daily consumption during the summer season at four million cubic metres, while in previous years, it was between six and seven million.

The project for expanding Bulgarian gas storage has already been approved by the European Commission, which has granted financial support worth €78 million.

Currently, the state-owned Bulgartransgaz company talks about the rest of the financing with various institutions, including those in the United States.

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