Press release


Bulgargaz is now a regular member of the European energy traders’ organization


Bulgargaz EAD has been approved as a regular member of one of the most prestigious and influential industry organizations - Energy Traders Europe. As a regular member, Bulgargaz EAD will have voting rights and will participate in the decision-making process within the organization and will have access to the documents of the individual committees. Energy Traders Europe was established in 1999 as the European Federation of Energy Traders /EFET/ with the aim of improving the conditions for energy trading in Europe. Its membership includes nearly 160 leading international companies, producers and traders of natural gas. Energy Traders Europe’s objectives, among others, include promoting competition, transparency, open access in the European energy sector and tackling high energy prices.

Energy Traders Europe is very active in terms of legal issues in the sector, drafting and defending positions, including those related to contracts and transactions, which in one form or another they consider to be in breach of competition principles. Traditionally, studies have also been prepared on the state of the various energy sectors, including the trading of natural gas.