site.btaGas Transmission Operator Bulgartransgaz Reports Operating Profit of LV 43.9 Mln in H1 of 2018

Sofia, August 2 (BTA) - Gas transmission and storage operator Bulgartransgaz had an operating profit of 43.9 million leva in the first half of 2018, according to a report published by the Finance Ministry. Its revenues stood at 185.6 million leva.

The receipts totalled 99.7 million leva from transit of natural gas; 43.9 million from transmission via the national gas network; 6.8 million from balancing; and 1.1 million from storage of natural gas.

The operating revenue is formed mostly by transmission of natural gas in Bulgaria, transit from the border with Romania to the borders of Greece, Turkey and Macedonia (transit according to an agreement with Gazprom Export - Russia), gas storage in the Chiren facility and balancing of the gas market.

The total assets of Bulgartransgaz stood at 2,384,678,000 leva, the own capital at 2,128,372,000 leva and the liabilities at 256,306,000 leva.