Trayport to provide trading platform for Bulgaria's gas bourse
Published on: Sunday 17 November 2019
Bulgaria's natural gas bourse operator Balkan Gas Hub has picked Trayport, a London-based unit of Canada's TMX Group, to provide it with an exchange trading system, it said on Monday. As part of plans to transform Bulgaria from a transit country for Russian gas into an energy trading centre, Balkan Gas Hub has teamed up with the Vienna-based Central European Gas Hub to set up a gas trading operation at the Black Sea city of Varna. Bulgaria's first liquid physical and gas trading hub will initially introduce over-the-counter and exchange contracts tailored for the Bulgarian market, the company said in a statement.