Bulgarian state-owned gas supplier Bulgargaz has secured a 10-year wholesale gas licence in Serbia, extending its trading footprint across Southeastern and Central Europe.
The permit allows Bulgargaz to conduct commercial gas trading on the Serbian market.
The company already holds licences in Greece, Romania, Hungary and Slovakia, while subsidiary Bulgargaz North is authorised to trade in Moldova.
Bulgargaz is also registered as a transmission-network user in several regional markets, including Serbia, giving it access to cross-border infrastructure required to move gas between supply zones.
The Serbian licence strengthens a business model increasingly focused on regional trading rather than Bulgaria alone.
For Serbia, the arrival of another licensed regional supplier potentially broadens commercial sourcing options as the domestic market becomes more connected with Bulgaria, Hungary and other neighbouring gas systems.
For Bulgargaz, combining transmission access with wholesale licences across multiple jurisdictions should improve its ability to redirect volumes in response to regional price spreads, infrastructure availability and customer demand.
