Bulgargaz: Russia Operations Status & Business Impact

Decision trail

Decision date 16/05/2024 · Reference ↗

The Bulgarian state-owned company Bulgargaz intends to obtain about €400 million in compensation from the Russian Gazprom for stopping supplies in 2022. The Bulgarian state gas company Bulgargaz announced the start of an arbitration process against the Russian Gazprom (MOEX: GAZP). The company filed a claim against Gazprom Export for damages due to the cessation of gas supplies in 2022. The Bulgarian state company estimates the amount of losses at €400 million.

Status history since 2022

1. 03/08/2026 — suspended · Imported from KSE LeaveRussia

Exposure profile

Geopolitical context and sanctions impact

Bulgargaz is a Energy, Oil & Gas company based in Bulgaria. Current Russia status in our dataset is suspended: paused activity does not always mean a clean legal exit — licences, local entities and unpaid obligations can remain. Eastern Europe Impact translates those facts into business consequences — sanctions screening, supply-chain exposure and reconstruction-side opportunity — with transparent confidence labels rather than speculation.

Risk assessment and how to use this profile

Start with the status badge and decision trail, then check possible sanctions matches and recent events mentioning Bulgargaz. A 7-day Pro trial adds watchlists so you are notified if Russia status, designations or linked events change. Full exposure maps (energy, transport, commodities) are on Professional. This page is risk information, not legal or investment advice.

Questions about Bulgargaz

What kind of data does Eastern Europe Impact provide on Bulgargaz?

Eastern Europe Impact publishes verified intelligence on Bulgargaz's Russia status: current operating posture, sources (including the KSE LeaveRussia project), status history since 2022, sanctions-list matches, and linked events. Each profile is risk information for compliance and due diligence — not legal advice.

How can Eastern Europe Impact data on Bulgargaz help my business?

Use the Bulgargaz profile to check counterparties, suppliers and customers for Russia exposure, sanctions proximity and recent events before you contract, ship or invest. Watchlists alert you if the status or designations change.

How do we verify the information on Bulgargaz?

We compile public reporting, company statements and the KSE LeaveRussia dataset, then label uncertainty. Status is not a legal determination — verify against primary filings and counsel before acting. Corrections go to corrections@easterneuropeimpact.com.

How much does Eastern Europe Impact cost?

The company checker is free. A 7-day Pro trial (no credit card) unlocks live Daily Impact Briefs, full event profiles and watchlists. After the trial, Individual is €19/month; Professional and Business add exposure maps, sanctions entity pages and API access. See /pricing.