Overgas Inc. AD Sells 50 Percent Stake to U.S.-Based Linden Energy, Texas

On 8 July, during the edition of the Three Seas global initiative in Sofia, Overgas Inc., Bulgaria, and Linden Energy Ltd, U.S.A., signed an agreement and announced the first ever U.S. investment in Bulgaria’s gas industry. The ceremony was attended by H.E. Ms. Herro Mustafa, U.S. Ambassador in Sofia, Mr. Kiril Petkov, Minister of Economy, and Mr. Andrey Zhivkov, Minister of Energy. Also in attendance was Mr. Matt Bryza, former U.S. Deputy Assistant Secretary of State under Ms. Condoleezza Rice during the administration of President George W. Bush, who will be part of the joint company of Overgas and Linden Energy (50/50%).

 

See details from the press conference immediately after the energy panel with the participation of Bulgarian President Mr. Rumen Radev: https://www.youtube.com/watch?v=IVll3Llxqi4&list=PL11WuzgSB9Jiu-VAdjFhwt3LnpEy5l4Aw&t=10s