We present the SAO 6m telescope spectroscopy of a blue compact galaxy (BCG) HS 2134+0400 discovered in frame of the dedicated Hamburg/SAO survey for Low Metallicity BCGs (HSS-LM). Its very low abundance of oxygen (12+log(O/H) = 7.44), as well as other heavy elements (S, N, Ne, Ar), assigns this dwarf galaxy to the group of BCGs with the lowest metal content. There are only eight that low metallicity among several thousand known BCGs in the nearby Universe. The abundance ratios for the heavy elements (S/O, Ne/O, N/O, and Ar/O) are well consistent with the typical values of other very metal-poor BCGs. The global environment of HS 2134+0400 is atypical of the majority of BCGs. The object falls within the Pegasus void, the large volume with the very low density of galaxies with the normal (M∗B=–19.6) or high luminosity. Since we found in voids a dozen more the very metal-poor galaxies, we discuss the hypothesis that such objects can be representative of a substantial fraction of the void dwarf galaxy population.