Bulgarian Energy Minister: Belene Nuke Game Gets Tougher

Business » ENERGY | February 9, 2011, Wednesday // 17:26
Bulgarian Energy Minister: Belene Nuke Game Gets Tougher: Bulgarian Energy Minister: Belene Nuke Game Gets Tougher Bulgarian Economy and Energy Minister, Traicho Traikov, dismisses reports Russian Rosatom might pull out of the Belene NPP as rumors. Photo by BGNES

The Bulgarian Economy and Energy Minister, Traicho Traikov, vowed once again to never accept an unfavorable deal regarding plans to build a second Nuclear Power Plant (NPP) in the Danube town of Belene.

Traikov spoke for the media Wednesday in the heels of Monday statements of Prime Minister, Boyko Borisov, he was ready to scrap the project over the current terms proposed by the Russian side.

Traikov confirmed Borisov's accusations the previous cabinet did not agree with the Russians on the inflation index, pointing out the former rulers chose to leave the tough negotiations to their successors.

The Minister declared he had 15 years of experience in concluding major deals and unlike professional politicians, who only know how to give advice, he would not allow the State to incur losses.

According to Traikov, hints the Russian state energy company Rosatom may drop its project to build Belene, such as the publication of the French daily La Tribune, are an obvious attempt to exert pressure on Bulgarian authorities.

"The game is getting tougher, so expect more and more rumors and tales," the Minister concluded.

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Tags: Traicho Traikov, Boyko Borisov, NPP, National Electric Company, Sergey Kiriyenko, Rosatom, Atomstroyexport, Nuclear Power Plant, Belene, NEK

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