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Bulgaria shocks Hungary, Serbia with huge transit fees on Russian gas (www.euractiv.com)

submitted 1 year ago by MrMakabar@slrpnk.net to c/europe@feddit.de

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[–] albert180@feddit.de 38 points 1 year ago

Well, if I was Bulgaria I would also want to pay off this pipeline ASAP, in the current environment it's a high risk investment.

Bulgaria expects the new transit fees to generate additional revenues of €1.2 billion. The new fee is so high that it will pay off the construction of the Balkan Stream gas pipeline in just one year.