Russia to Step Up Attacks on Western Weapons Depots in Ukraine
Defense Minister Sergei Shoigu announced today that Russia will escalate strikes on Ukrainian storage bases housing weapons supplied by Western nations
Bulgaria hopes for a successful completion of the South Stream natural gas pipeline project in abidance with EU legislation, stated Bulgarian President Rosen Plevneliev.
Tuesday Russian state information agency ITAR-TASS published an extensive interview with the Bulgarian head of state on a number of topics of mutual interest.
"As President of Bulgaria I support the South Stream project and hope that it will be executed in line with market laws and will be synchronized with EU requirements, taking into account the fact that Bulgaria is a proud EU member," said Plevneliev.
He recalled that Bulgaria's government has declared the gas pipeline a strategic project, and stressed that in the country there is a consensus regarding the topic.
"For us South Stream is important given that there have already been unexpected problems with gas deliveries," said the Bulgarian President, refering to the 2009 Russia-Ukraine gas dispute.
"Thanks to South Stream we will be able to diversify the routes of natural gas delivery and live in greater tranquility and security," added he.
Plevneliev further expressed his hopes that the new pipeline will boost Sofia's ambitions to become one of Europe's energy centers.
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The Nuclear Regulatory Agency (NRA) has greenlit the phased transition to a new type of nuclear fuel for Unit 5 of Kozloduy Nuclear Power Plant (NPP), manufactured by Westinghouse
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
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