Bulgartransgaz, a unit of state-owned gas distributor Bulgargaz Holding in charge of natgas transmission, transit and storage operations, said it will seek to introduce differentiated tariffs for the injection, stockpiling and withdrawal of gas in the Chiren underground repository. The new tariffs will likely take effect in the first quarter of 2008. The Chiren storage tariff is set based on the inventory volume ordered by the respective client. Some customers may benefit from lower tariffs because they don't subscribe for all services offered by the Chiren repository, said Lyubomir Denchev, chief executive director of Bulgargaz Holding. In related news, it emerged that Bulgargaz's dividend payouts for 2007 will be lowered after the government opted for a dividend waiver of a yet-to-be-specified amount.
Source: Dnevnik (08.10.2007)