European gas diversification strategy faces new concentration risks
January 27, 2026
This paper sheds light on the fundamentals of the Bulgarian natural gas market and its national specifics. By analyzing market and non-market factors that influenced natural gas price dynamics in recent years using statistical methods, we seek to understand the underlying drivers of energy price fluctuations. The initiation of the TurkStream pipeline in 2020 propelled Bulgaria into an increasingly pivotal […]
