EU Energy Commissioner Supports Quest for Bulgaria NPP Investor

Business » ENERGY | March 1, 2010, Monday // 21:39| Views: | Comments: 0
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EU Energy Commissioner Supports Quest for Bulgaria NPP Investor: EU Energy Commissioner Supports Quest for Bulgaria NPP Investor Oettinger is in Bulgaria for Tuesday’s international forum ‘Energy security in the wider Black Sea region: an approach to public-private partnership’. Photo by rechargenews.com

EU Energy Commissioner Guenther Oettinger has stated that he will support Bulgaria in its bid to find an EU investor for the Belene Nuclear Power Plant.

Bulgaria PM Boyko Borisov and Bulgaria President Georgi Parvanov have held talks Monday with EU Energy Commissioner Guenther Oettinger, during his two-day visit to Bulgaria.

Oettinger is in Bulgaria for Tuesday’s international forum ‘Energy security in the wider Black Sea region: an approach to public-private partnership’.

Parvanov told Oettinger that the Bulgarian institutions have a common position on energy policy and that they are following the EP discussions closely on the promised extra EUR 300 M compensation for the decommissioning of the Kozloduy Nuclear Power Plant. He also added that any suggestions from MEPs that Bulgaria should create a nuclear waste storage facility in order to keep the used nuclear fuel from the plant there were “unacceptable”.

Oettinger mentioned Bulgaria’s potential to assist in strengthening the energy security of Europe and said that he will support the efforts of Bulgaria to find an EU investor for Belene NPP. He also expressed support for the policy pursued by Bulgaria for connecting the gas networks of the countries of Southeastern Europe.

Parvanov concluded by reiterating Bulgaria’s priority to support the construction of the Nabucco pipeline, and continue to work towards the realization of South Stream project. In this regard Oettinger stressed that the EU supports the implementation of any project that increases diversification of transport corridors for energy resources to the EU.

After meeting with Parvanov, Oettinger held talks with Borisov on Nabucco, the South Stream and other energy projects. Borisov stressed that the country has ratified the intergovernmental agreement on the the Nabucco project and stated that its implementation is crucial to diversify gas supplies.

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Tags: Belene NPP, Guenther Oettinger, Boyko Borisov, Georgi Parvanov, Nabucco, South stream
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