M&M Gas Exports First Gas from Greece to Bulgaria

DEFA LNGThe Greek independent gas company, M&M Gas has become the first independent gas company in Greece to exported gas to Bulgaria, according to hellenicshippingnews.com.

The small volumes that were sold on a test basis is a part of a deal following an agreement between gas network operators DESFA and Bulgartransgaz which permits the transport of gas between Greece and Bulgaria beginning July 1.

M&M Gas is a joint venture between Mytilineos and Motor Oil.

The gas sold to Bulgaria was from M&M’s own gas portfolio, which includes LNG.

The trade took place at the interconnection point Kulata-Sidirokastro.