NATO will Deploy Patriot Air Defense Systems in Ukraine
NATO has announced plans to send Patriot air defense systems to the embattled nation
Bulgaria's Economy and Energy Minister, Traicho Traikov, voices strong optimism that the government would find another investor for the project to build a second Nuclear Power Plant (NPP) in the Danube town of Belene.
Traikov spoke Saturday in an interview for Darik radio, but declined to give more details, avoiding to state that the NPP would not be build in case Bulgaria does not find an investor other than Russia.
Last evening, in a TV interview, Prime Minister, Boyko Borisov, mentioned holding talks with a strategic investor during his recent visit to the German province of Bavaria regarding the Belene project, but he did not offer more details either.
When asked if Bulgaria was ready to accept a loan from Russia, Traikov replied Saturday: "Why not, if its terms are favorable?"
The NNP's construction was frozen after the strategic investor, the German RWE, withdrew at the end of last year. The cabinet of the ruling, center-right Citizens for European Development of Bulgaria (GERB) party, led by Borisov, declared then the country had no interest in keeping its 51% shares in Belene, but vowed look for another European investor, which is yet to materialize.
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In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May
The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
Oil prices have surged due to renewed concerns about the Middle East conflict. Brent crude futures increased by 0.32% to 90.80 USD per barrel, while American WTI crude rose by 0.3% to 86.50 USD per barrel
Bulgaria's state-owned energy company, "Bulgargaz," has suffered a significant setback, losing 27% of its market share as a result of a contract with the Turkish company "Botas"
A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament
Natural gas prices in Europe experienced a significant spike, surpassing 2% to reach 29 euros per megawatt-hour (MWh) on Monday
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022