Bulgartransgaz EAD

The company pursues transparent and responsible behaviour policy and aims at ensuring secure conditions and sustainable development of the natural gas market in the country and the region in compliance with the principles of equality and transparency. As part of the common European gas network Bulgartransgaz EAD is guided by the requirements of the Third Energy Liberalisation Package, the European and the Bulgarian legislation. The Company is an owner and operator of: National gas transmission network with major function - natural gas transmission on the territory of Bulgaria to natural gas distribution companies and industrial consumers; Transmission network for transit transmission - natural gas transmission through the territory of Bulgaria to the countries Romania, Turkey, Greece and Macedonia; Underground gas storage in Chiren (Chiren UGS) with major function - natural gas storage for covering the seasonal fluctuations in consumption and delivery of natural gas. The Company is a holder of the following licenses, issued by the Regulatory authority Energy and Water Regulatory Commission (EWRC): For natural gas transmission - Licenses -214-06 and -214-09 from 29.11.2006 ; For natural gas storage - License -214-10 from 29.11.2006 . The basic requirements for these activities are regulated by the Energy Act and the regulations harmonized with the European legislation in that field. Bulgartransgaz EAD is a subsidiary of Bulgarian Energy Holding EAD. Bulgartransgaz EAD is certified as an Independent gas transmission operator. Underground Storage Facilities CHIREN