“TIBIEL EOOD” carries out its main scope of activities including trade in natural gas on the territory of the country in compliance with the provisions of the Bulgarian legislation. The Company in its capacity as trader in natural gas concludes transactions at freely negotiated prices for the sale of natural gas to customers based on written contracts in compliance with the Energy Act, EA, promulg. SG, is. 107 of 2003 and the Natural Gas Trading Rules, promulg. SG, is. 59 of 2015. TIBIEL EOOD executes transactions through the natural gas exchange trading system, and carries out information exchange through the systems of Balkan Gas Hub EAD and the Bulgarian energy trading platform AD.
TIBIEL EOOD has been a registered participant on the RBP Platform of Bulgartransgaz EAD since 01.10.2019, it has been a member of the natural gas trading exchange of Balkan Gas Hub EAD since 02.01.2020, and has been a member of the Bulgarian energy trading platform AD (BETP) since 05.05.2021. The Company supplies natural gas to cover the consumption needs of district heating companies and industrial enterprises. By a decision of the Energy and Water Regulatory Commission taken on 28.05.2021, it has obtained a 10-year license to carry out the activity of “trading in natural gas”. Based on the obtained license the Company aspires to cover in a timely and adequate manner the needs and specific requirements of its customers.