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2020-03-04 09:30:00

RUSSIA, BULGARIA GAS PRICE DOWN 40%

RUSSIA, BULGARIA GAS PRICE DOWN 40%

DS - Bulgaria has agreed a 40% cut in the price of natural gas it imports under its long-term import contract with Russia, its dominant gas supplier, Prime Minister Boyko Borissov said Tuesday.

Bulgaria, which relies on Russian imports for more than 80% of its natural gas needs, is the last of eight eastern European countries to agree on a price cut after Brussels sealed an anti-trust agreement with Russia's gas giant Gazprom in 2018. But Borissov argued it has been the biggest.

"This…

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