SOFIA (Bulgaria), February 10 (SeNews) - Bulgarian state-owned gas transmission company Bulgartransgaz said that Toplofikatsiya Sofia - the heating utility servicing the Bulgarian capital, has registered as a participant on the gas trading platform Balkan Gas Hub.
"The participation of the largest natural gas consumer in Bulgaria on the Bulgarian gas exchange will, on the one hand, contribute to increase market liquidity and, on the other, enable Toplofikacia Sofia to purchase gas at competitive market prices, which will help improve the financial position of the company," Bulgartransgaz said in a statement on Friday.
Multilateral trading on the Balkan Gas Hub platform started on January 2, including a short-term segment (spot), a long-term segment and a brokering service.