Bulgargaz Forecasts 5-6% Dip in Natural Gas Prices for May
Bulgargaz, the leading public gas supplier in Bulgaria, anticipates a notable decrease in the price of natural gas for the upcoming month of May. According to Lyudmila Vitanova
Bulgaria's President Rosen Plevneliev has backed the government's decision to scrap the Belene Nuclear Power Plant project.
According to Plevneliev, Bulgaria's potential financial benefits from the construction of Belene would have been uncertain.
The President reminded that energy efficiency and energy diversification are his country's key national priorities and that the Belene Nuclear Power Plant project would not have solved neither of them. He pointed out that Bulgaria lags behind all European states in terms of energy efficiency.
Plevneliev further claimed that the decision on Belene has been taken in a "transparent" way by the government, despite the fact that Bulgaria's publicity was kept in the dark about the project's fate for quite a long time.
Vladimir Putin was informed of Bulgaria's decision to scrap Belene two days before all Bulgarians.
On Thursday, Bulgaria's newly appointed Economy and Energy Minister Delyan Dobrev will travel to Moscow in order to inform Russia of his country's decision to scrap the Belene NPP project.
A natural gas power plant will be built in the Danube town of Belene instead.
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