Oil & Energy - Sofia, Sofia City Province, Bulgaria
Balkan Gas Hub operates trading platforms servicing the needs of the natural gas markets within Bulgaria and the region. In synergy with the physical infrastructure of the gas distribution hub, it provides the prerequisites required for establishment of the first, Bulgaria based, liquid physical and trading gas hub in the South Eastern Europe region.The company was created in January 2019 with a mission to establish and operate a natural gas trading exchange. The electronic platform with segment also for bilateral trade, offers contemporary physical, including products for exchange of ownership on a stock exchange basis at a virtual trading point (VTP) and at some of the physical points of the networks.The vision for a gas distribution hub and gas trading exchange is entirely based on the context of the European objectives on establishing an interconnected and integrated pan-European gas market and in support of the plans for gas infrastructure development across Europe. The trading platform Balkan Gas Hub aims to successfully become the first liquid physical and commercial gas hub in the region of South-eastern Europe.Regarding its long-term development plans, Balkan Gas Hub identifies and acts in pursuance of the following strategic objectives:• Enhance the transparency and liquidity of the natural gas markets in the South-east European region;• Create a reliable, stable and integrated regional gas market capable of meeting the needs of traders, customers and users in the long and short term;• Enhance energy security and create additional opportunities for diversification of the sources of natural gas supply.
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