Integrated LNG logistics services from 2026/27
Bulgargaz, the Bulgarian state gas supplier, plans to expand its regional role starting in the 2026/27 gas year. The company intends to offer integrated LNG logistics services that cover terminal handling, regasification, storage and cross-border delivery. The proposed offering is designed to give customers access to downstream infrastructure without requiring them to purchase LNG from Bulgargaz.
Under the structure described, a trader or industrial buyer could arrange its own LNG cargo and then transfer responsibility for the downstream chain to Bulgargaz after the vessel reaches the terminal. Bulgargaz would manage reception, regasification and storage before delivering an equivalent quantity of natural gas to a previously agreed point. Customers seeking a broader scope could request that Bulgargaz manage both LNG procurement and physical delivery.
Infrastructure access packaged as delivered-gas products
The model combines infrastructure access that would otherwise need separate contracting for terminal slots, storage and delivery arrangements. Bulgargaz has secured capacity at LNG terminals and has access to storage facilities and cross-border transmission infrastructure. The company plans to use those positions to structure delivery products based on customer volumes, delivery periods and destinations.
Potential customers are being asked to provide estimates of annual demand, preferred delivery windows, receiving points and any additional services required. Commercial arrangements would then be negotiated bilaterally. The initiative is described as a change in Bulgargaz’s commercial model for how infrastructure value is monetised.
Regional market context and commercial test
Historically, the value of infrastructure capacity was linked primarily with ensuring supply for the Bulgarian market. Under the new approach, access to terminals, storage and pipelines is positioned as a service that can be sold to regional customers. This aligns with changes in the southeast European gas market as LNG access expands.
Even with expanded LNG availability, buyers still need to assemble a chain connecting cargo procurement with terminal slots, storage, transmission capacity, balancing and final delivery. Bulgargaz is positioning itself to manage that chain through its logistics services. The commercial test will be whether it can combine its infrastructure positions into delivered-gas offers competitive with traders and other portfolio suppliers operating across the region.
