Survey: GERB Set to Dominate Next Parliament with 80 Deputies, WCC-DB to Lose More Seats
The upcoming composition of the 50th National Assembly projects GERB to secure 80 seats, a slight increase from their current 69
Delyan Dobrev, former Energy Minister and MP of center-right party GERB, has insisted that it is time Bulgaria stopped “playing ostrich” as regards shale gas.
In an interview published in Pressa daily, Dobrev suggests that Bulgaria may be the only country in the world with a moratorium on shale gas drilling.
He argues that the only alternative to Russian gas is developing local gas fields.
“The Southern Gas Corridor has always been a priority to us. Unlike the South Stream gas pipeline, it will supply gas from a different source, namely the Caspian region. In this line of thought, it is much more important to us because it will give us an alternative and will ensure competition on the gas market,” Dobrev declares.
He dismisses claims that Bulgaria will import Russian gas from Turkey or Greece.
“Apart from the fact that it is economically unfeasible, the supply contract stipulates an entry point and it is on the Bulgaria-Romania border. By 2020 Bulgaria will really import gas via the gas grid interconnection with Greece,” he points out.
Bulgaria’s former Energy Minister reminds that Bulgaria has signed a 10-year gas supply contract with Russia, which is in effect since the beginning of 2014, and which may be extended by another 10 years at Bulgaria’s request.
He also notes that Bulgaria has signed a gas transit contract by 2030 under which Russia is to pay 90% of the transit fee for the pipeline capacity even if no gas flows through it.
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The Kozloduy Nuclear Power Plant (NPP) in Bulgaria is set to embark on a significant transition as it begins the process of replacing Russian nuclear fuel with American fuel from Westinghouse
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
Eurostat's latest findings have shed light on the shifting landscape of household energy prices in the European Union, with Bulgaria emerging as a frontrunner in affordability.
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
Sofia Airport's Terminal 3 Construction Set to Begin in Early 2026
COVID-19 Impact: Bulgaria's Grim Milestone as Highest Death Rate in EU