Bulgaria

PMEG Gas

No licences, permits etc. or local establishment (subsidiary, branch, etc.) on the territory of Bulgaria is required for the purposes of gas trading. “Trader in gas” may be any entity – Bulgarian or foreign – which is registered as a commercial company pursuant to the Bulgarian Commercial Act or pursuant to its domestic legislation.

Gas traders may be active on the wholesale and retail market (under freely negotiated prices) in Bulgaria without territorial or other limitations; they may also import, export and transit gas.

On the other hand, end-customer suppliers must hold a licence prior to commencing their activity (i.e. supply of natural gas to -household and industrial– end customers under regulated prices). The end-customer supply license for natural gas is issued for a specific territory and its holder is entitled to supply end consumers only on this territory. The end-customer supply license holders are strictly regulated by the Energy and Water Regulatory Commission (EWRC).

The present overview concerns only gas traders. Reporting obligations applicable to them are highlighted in orange.

Information to be provided for registration/licensing purposes

Registration requirements for the balancing market / IT infrastructure approval from TSO

Information category / document to be submitted Registration requirements for the balancing market / IT infrastructure approval from TSO
Description of reporting requirement In order to get access to the network, the gas trader needs to go through the formal procedure for earning access to its network and for booking of capacities, as described in the Access Rules. This procedure includes: (a) submission of a standard application for access to Bulgartransgas with the required enclosures and approval of the application by Bulgartransgas (the approval has 6-month validity); (b) registration on the Regional Booking Platform (RBP) and securing the necessary credit limit in accordance with the requirements of Bulgartransgas; (c) participation in the procedures for allocation of transmission capacities and confirmation for capacity allocation; (d) signing of the transport contract with Bulgartransgas (within 3 days from the completion of the capacity allocation procedure, Bulgartransgas shall submit to the participant with allocated capacity a draft transport contract in line with the confirmation for allocated capacity at the nominated by the participant entry/exit points); (e) effective implementation of the nominations under the transport contract. According to Art. 6(4) of the Natural Gas Trading Rules, when entering into a gas transmission contract, the network user shall also enter into a sale and purchase of natural gas agreement for the purposes of balancing with Bulgartransgas.
More details may be found on the web page of Bulgartransgas EAD.
Legal basis
  • Energy Act
  • Rules for granting access to the gas transmission and distribution networks and to the gas storage facilities adopted by EWRC, promulgated in State Gazette, issue 36 of 16.04.2013 (Natural Gas Access Rules)
Recipient (NRA, TSO, power exchange etc.) BTG
Submission deadline Prior to commencing trading activity / update of information on an ongoing basis
Frequency N/A
Form of submission (internet page, e-mail, Original copy etc.) Electronically or hard copy
Comments Read more details in the document “Procedure for submitting applications for access to the Bulgartransgaz gas transmission networks

Request for access to transmission / respective gas distribution network

Information category / document to be submitted Request for access to transmission / respective gas distribution network
Description of reporting requirement See above under section “Registration requirements for the balancing market/ IT infrastructure approval from TSO”
Legal basis
Recipient (NRA, TSO, power exchange etc.)
Submission deadline
Frequency
Form of submission (internet page, e-mail, Original copy etc.)
Comments

Registration / reporting requirements imposed by tax regulation

Information category / document to be submitted Registration / reporting requirements imposed by tax regulation
Description of reporting requirement No specific registration and/or reporting requirements apply to traders. Traders operating in Bulgaria are subject to general Bulgarian tax law.
Legal basis N/A
Recipient (NRA, TSO, power exchange etc.)
Submission deadline
Frequency
Form of submission (internet page, e-mail, Original copy etc.)
Comments None

Application for renewal of licence for additional period

Information category / document to be submitted Application for renewal of licence for additional period
Description of reporting requirement N/A
Legal basis
Recipient (NRA, TSO, power exchange etc.)
Submission deadline
Frequency
Form of submission (internet page, e-mail, Original copy etc.)
Comments

Any applicable statutory fees (e.g. import fees, license fees, supervisory fees, operational fees)

Information category / document to be submitted Any applicable statutory fees (e.g. import fees, license fees, supervisory fees, operational fees)
Description of reporting requirement Access and transmission fees.
More information is available on the web page of Bulgartransgas EAD.
Legal basis
Recipient (NRA, TSO, power exchange etc.) N/A
Submission deadline
Frequency
Form of submission (internet page, e-mail, Original copy etc.)
Comments None

Commercial information relating to existing or planned trading activities in the given market

Annual (activity) report, including annual turnover, financial statements, annual accounts

Information category / document to be submitted Annual (activity) report, including annual turnover, financial statements, annual accounts
Description of reporting requirement N/A
Legal basis
Recipient (NRA, TSO, power exchange etc.)
Submission deadline
Frequency
Form of submission (internet page, e-mail, Original copy etc.)
Comments

Company ownership report

Information category / document to be submitted

Company ownership report

Description of reporting requirement N/A
Legal basis
Recipient (NRA, TSO, power exchange etc.)
Submission deadline
Frequency
Form of submission (internet page, e-mail, Original copy etc.)
Comments

Information about the concluded contracts, performance of import agreements in a given period

Information category / document to be submitted

Information about the concluded contracts, performance of import agreements in a given period (including type of transaction/agreement, import/export volumes, price, counterparties)

Description of reporting requirement N/A
Legal basis
Recipient (NRA, TSO, power exchange etc.)
Submission deadline
Frequency
Form of submission (internet page, e-mail, Original copy etc.)
Comments

Business plan for the following period (forecast/estimation of quantities to be sold)

Information category / document to be submitted

Business plan for the following period (forecast/estimation of quantities to be sold)

Description of reporting requirement N/A
Legal basis
Recipient (NRA, TSO, power exchange etc.)
Submission deadline
Frequency
Form of submission (internet page, e-mail, Original copy etc.)
Comments

Evidence that the financial security is maintained for each year of validity of the licence

Information category / document to be submitted

Evidence that the financial security is maintained for each year of validity of the licence

Description of reporting requirement N/A
Legal basis
Recipient (NRA, TSO, power exchange etc.)
Submission deadline
Frequency
Form of submission (internet page, e-mail, Original copy etc.)
Comments

Information about the insurances/failure to perform guarantees, concluded by gas trader in relation to its activities, if any

Information category / document to be submitted

Information about the insurances/failure to perform guarantees, concluded by gas trader in relation to its activities, if any

Description of reporting requirement N/A
Legal basis
Recipient (NRA, TSO, power exchange etc.)
Submission deadline
Frequency
Form of submission (internet page, e-mail, Original copy etc.)
Comments

Preparation of daily, monthly, yearly (x-year) commercial balance, including data on gas exports and imports, indication of sources of the gas, their assessment, reports on customer switching

Information category / document to be submitted Preparation of daily, monthly, yearly (x-year) commercial balance, including data on gas exports and imports, indication of sources of the gas, their assessment, reports on customer switching
Description of reporting requirement Pursuant to the Natural Gas Trading Rules and the Balancing Rules for the purposes of financial settlement
Legal basis
Recipient (NRA, TSO, power exchange etc.) TSO
Submission deadline daily, weekly, monthly
Frequency daily, weekly, monthly
Form of submission (internet page, e-mail, Original copy etc.) Electronically
Comments None

Submission of daily/weekly gas delivery and acceptance nomination

Information category / document to be submitted Submission of daily/weekly gas delivery and acceptance nomination
Description of reporting requirement There is regional booking platform. All the information necessary is available on the web page of Bulgartransgas
Legal basis Natural Gas Trading Rules; Rules of the regional booking platform
Recipient (NRA, TSO, power exchange etc.) TSO
Submission deadline Depending on trading activities
Frequency Depending on trading activities
Form of submission (internet page, e-mail, Original copy etc.) Electronically
Comments None

Contractual and other information subject to reporting necessary for market operator-MO/TSO to discharge their obligations or upon the request of the NRA

Information category / document to be submitted Contractual and other information subject to reporting necessary for market operator-MO/TSO to discharge their obligations or upon the request of the NRA (e.g. data on level of gas supplies, import prices, consumption at an off-take point, activities related to the performance of sale contracts, data required for MO to conduct settlement of imbalances etc.)
Description of reporting requirement N/A
Legal basis
Recipient (NRA, TSO, power exchange etc.)
Submission deadline
Frequency
Form of submission (internet page, e-mail, Original copy etc.)
Comments

Auctions specific information related to assignment of physical transmission rights or commercial transmission rights

Information category / document to be submitted Auctions specific information related to assignment of physical transmission rights or commercial transmission rights
Description of reporting requirement Capacities at the entry and exit points are allocated pursuant to the rules issued by the operator. There is a regional booking platform. All the information necessary is available on the web page of Bulgartransgas.
Legal basis Natural Gas Access Rules; Rules of the regional booking platform
Recipient (NRA, TSO, power exchange etc.) TSO
Submission deadline N/A
Frequency
Form of submission (internet page, e-mail, Original copy etc.)
Comments None

Any change of corporate data/contact details relating to trading license

Information category / document to be submitted Any change of corporate data/contact details relating to trading license
Description of reporting requirement N/A
Legal basis
Recipient (NRA, TSO, power exchange etc.)
Submission deadline
Frequency
Form of submission (internet page, e-mail, Original copy etc.)
Comments

Security of supply

Notification of each natural gas supply agreement, cross-border trading agreement above certain duration period

Information category / document to be submitted Notification of each natural gas supply agreement, cross-border trading agreement above certain duration period
Description of reporting requirement The notifications are made to the TSO – Bulgartransgas pursuant to the Art. 3, Par. 1 of the Natural Gas Trading Rules; a standard form is available on web page of Bulgartransgas
Legal basis Art. 3, Par. 1 of the Natural Gas Trading Rules
Recipient (NRA, TSO, power exchange etc.) TSO
Submission deadline Upon conclusion of the contract
Frequency Upon conclusion of the contract
Form of submission (internet page, e-mail, Original copy etc.) Electronically, hard copy
Comments None

Information necessary to ensure safe and reliable operation of the network (e.g. information regarding the supply contracts and level of supply)

Information category / document to be submitted Information necessary to ensure safe and reliable operation of the network (e.g. information regarding the supply contracts and level of supply)
Description of reporting requirement N/A
Legal basis
Recipient (NRA, TSO, power exchange etc.)
Submission deadline
Frequency
Form of submission (internet page, e-mail, Original copy etc.)
Comments

Information on expected changes in volumes of maximum daily capacity for points of delivery/transfer for a specified period/under specific threshold for a yearly off-take

Information category / document to be submitted Information on expected changes in volumes of maximum daily capacity for points of delivery/transfer for a specified period/under specific threshold for a yearly off-take
Description of reporting requirement There are rules for exchange of such information in the recently adopted Balancing Rules and in the Business Rules for trans-border interconnection (available on the web page of Bulgartransgas).
Legal basis Balancing RulesBusiness Rules for trans-border interconnection
Recipient (NRA, TSO, power exchange etc.) TSO
Submission deadline daily, weekly, monthly
Frequency daily, weekly, monthly
Form of submission (internet page, e-mail, Original copy etc.) Electronically
Comments None

Storage balance

Information category / document to be submitted Storage balance
Description of reporting requirement Pursuant to Rules for access to Chiren underground gas storage available on the web page of Bulgartransgas.
Legal basis N/A
Recipient (NRA, TSO, power exchange etc.) TSO
Submission deadline N/A
Frequency
Form of submission (internet page, e-mail, Original copy etc.)
Comments None

End consumer prices and volumes

Information category / document to be submitted End consumer prices and volumes
Description of reporting requirement N/A
Legal basis
Recipient (NRA, TSO, power exchange etc.)
Submission deadline
Frequency
Form of submission (internet page, e-mail, Original copy etc.)
Comments

Operational / IT information

Information about the energy quality characteristics, supply and quality of service

Information category / document to be submitted Information about the energy quality characteristics, supply and quality of service
Description of reporting requirement N/A
Legal basis
Recipient (NRA, TSO, power exchange etc.)
Submission deadline
Frequency
Form of submission (internet page, e-mail, Original copy etc.)
Comments

Data on quality of supply and other services

Information category / document to be submitted Data on quality of supply and other services
Description of reporting requirement N/A
Legal basis
Recipient (NRA, TSO, power exchange etc.)
Submission deadline
Frequency
Form of submission (internet page, e-mail, Original copy etc.)
Comments

Evidence that the financial security is maintained for each year of validity of the licence

Information category / document to be submitted Evidence that the financial security is maintained for each year of validity of the licence
Description of reporting requirement N/A
Legal basis
Recipient (NRA, TSO, power exchange etc.)
Submission deadline
Frequency
Form of submission (internet page, e-mail, Original copy etc.)
Comments

Any other information upon the request of the NRA (supply agreements, transport / storage agreements, etc.)

REMIT reporting obligations

Information category / document to be submitted REMIT reporting obligations
Description of reporting requirement The implementation of REMIT in Bulgaria does not deviate from the established European rules.
Legal basis
Recipient (NRA, TSO, power exchange etc.)
Submission deadline
Frequency
Form of submission (internet page, e-mail, Original copy etc.)
Comments

Contact information

EWRC:

Address: 8-10, Al. Dondukov blvd., 1000 Sofia, Bulgaria

E-mail: dker@dker.bg

Tel: + 359 02 9359 628

Fax: + 359 02 988 8782

BTG:

Address: Sofia -1336, POB 3, Housing estate ”Ljulin-2” 66, Blvd Pancho Vladigerov

Fax: + 359 /2/ 925 00 63

E-mail: info@bulgartransgaz.bg

Operator: + 359 /2/ 939 63 00

Dispatcher: 02/939 63 05

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