Russia's Gazprom has told Bulgaria’s state-owned gas company Bulgargaz that it will shut off gas supplies starting Wednesday, Bulgarian energy ministry said in a statement on Tuesday.
Bulgaria is now the second country, after Poland, to face Russia's gas embargo starting Wednesday after they refused to pay in rubles.
The energy ministry said that the new payment procedure proposed by Russia was not compatible with the existing contract until the end of this year and posed "significant risks" to Bulgaria.
It said the Bulgarian side has “fully fulfilled its obligations and has made all payments required under this contract in a timely manner, diligently and in accordance with its provisions."
The Bulgarian government agencies have taken steps to make alternative arrangements for the supply of natural gas and to address the situation, it said.
“At present, no restrictive measures have been imposed on gas consumption in Bulgaria,” the ministry added.
Bulgarian Minister of Energy Alexander Nikolov will make a statement on the situation on Wednesday, according to the statement.