Natural gas retailers to invest EUR 55mn this year

The retail distributors of natural gas are planning to invest a total of BGN 107mn (EUR 54.7mn) for expansion of their networks this year, according to plans presented to the state energy commission. The local subsidiary of Italy ’s Rimini Gas, Citigas, has submitted the biggest investment plan of BGN 49.6mn for the district of Trakia covering the country’s second largest city of Plovdiv . The largest gas retailer Overgas, controlled by Russia ’s Gazprom, will invest BGN 31.6mn through several district units.