Bulgarian company Svilengrad Gaz, which is 60%-owned by Turkish businessman Fuat Guven, is seeking a 35-year gas distribution permit in the town on the southern border. The application will be reviewed today by the State Energy and Water Regulatory Commission (SEWRC).

The company’s remaining capital is split between the municipality and local engineering, construction and energy group Enemona. In early 2007 the Svilengrad city council moved into Svilengrad Gaz, acquiring a 10% stake through an in-kind contribution of a 0.3 hectare land plot.