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What will be the impact on Bulgargaz's gas supply agreements by the end of 2024?
3
Resolution / Starting Odds
New long-term contract with Gazprom • 25%
New long-term contract with another supplier • 25%
Short-term contracts only • 25%
No new contracts • 25%
Official announcements from Bulgargaz, Gazprom, or other relevant entities
Story
Bulgaria's Bulgargaz Seeks €400 Million (over $430 million) from Gazprom in Arbitration
Jul 9, 2024, 02:10 PM
Bulgaria's state-owned gas supplier, Bulgargaz, has initiated arbitration proceedings against Russia's Gazprom, seeking compensation of more than €400 million (over $430 million). The claim arises from Gazprom's suspension of Bulgargaz's long-term contract in 2023, which covered 90% of the natural gas delivered by Bulgargaz to its customers. The suspension followed Russia's invasion of Ukraine, which led to a significant cut in gas supplies.
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Significant disruption • 25%
Minor disruption • 25%
No disruption • 25%
Other • 25%
No significant impact • 25%
Minor disruptions • 25%
Major disruptions • 25%
Complete halt in imports • 25%
Supplies resume via Ukraine • 25%
Supplies resume via alternative route • 25%
Supplies remain halted • 25%
Other outcome • 25%
Yes • 50%
No • 50%
Increase > 20% • 25%
Increase 10-20% • 25%
Increase < 10% • 25%
No significant change • 25%
Debt paid and supply continues • 25%
Debt unpaid and supply cut • 25%
Alternative supply secured • 25%
Other • 25%
Hungary resumes oil supplies • 25%
Ukraine reinstates oil supplies • 25%
No agreement reached • 25%
Other outcome • 25%
Ukraine lifts sanctions • 25%
Hungary secures EU exemption • 25%
New transit agreement • 25%
No resolution • 25%
Significant price drop • 25%
Moderate price drop • 25%
No significant change • 25%
Price increase • 25%
New deal with Russia • 25%
Alternative EU supply • 25%
Continued shortage • 25%
Other resolution • 25%