Bulgaria slaps tax on Russian gas ...News

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Bulgaria slaps tax on Russian gas
While the country does not import the commodity for its own use, it is a transit hub for supplies entering the EU The Bulgarian authorities have imposed a tax on Russian pipeline gas supplied through its territory to the broader EU, according to a law published on the official website of the Bulgarian parliament on Friday. The new regulation comes into force immediately and introduces a tax of 20 Bulgarian lev ($10.76) per megawatt-hour, or roughly 100 cubic meters, of Russian natural gas transited through the country. The charge makes up about 20% of the current cost of gas futures at the Title Transfer Facility

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