Bulgarian Prime Minister Boyko Borisov said that Gazprom has reduced the price of gas for Bulgaria by 40%, according to Russian news agency Tass on Tuesday.
"Gazprom today handed over the signed agreement to us with a reduction in the price of natural gas by more than 40%," Borisov announced at a news conference.
The new discounted gas prices will be backdated for deliveries as from August 2019.
Bulgaria imports around 3 billion cubic meters of natural gas from Russia under a long-term contract that will run until 2022.
By Murat Temizer