GERB Extends Negotiation Deadline with WCC-DB; Final Decision Tomorrow
The negotiations between GERB and "We Continue the Change-Democratic Bulgaria" (WCC-DB) have been extended until tomorrow at 12:00 noon, as announced by GERB.
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
Delyan Dobrev, Chair of the parliamentary energy committee, has argued that it is very likely for Bulgaria to be connected to the Turkish Stream gas pipeline.
In an interview for Bulgaria on Air TV he suggested that Russia’s statements indicated that a section connecting the Turkish Stream gas pipeline to Bulgaria was quite probable.
He said that a direct connection of Bulgaria’s gas grid to the Turkish Stream gas pipeline would not be problematic in terms of the compatibility with EU law, as had been the case with the South Stream gas pipeline project.
Dobrev argued that the development of gas deposits in the Black Sea attracted strong interest.
Dobrev, Chair of the parliamentary energy committee and MP from center-right party Citizens for European Development of Bulgaria (GERB), paid a visit to the US in the beginning of May and he urged local businesses to engage in oil and gas drilling in Bulgaria’s Black Sea aquatory.
He did not specify the names of the companies had shown interest in these activities.
Dobrev noted that the consortium uniting Total, Repsol and OMV would start the first drillings at Bulgaria’s Han Asparuh exploration block in February 2016.
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The Bulgarian Parliament has ratified the Agreement between the Government of the Republic of Bulgaria and the Government of the United States on cooperation regarding the construction of nuclear power at the Kozloduy Nuclear Power Plant
During a forum in Alexandroupolis, US Assistant Secretary of State for Energy, Jeffrey Payatt, highlighted the significance of a gas pipeline project through Bulgaria as the next pivotal step for energy development in the region
Prime Minister Nikolai Denkov addressed concerns over the long-term storage of nuclear waste during a parliamentary control session in Bulgaria today
Effective March 1, Bulgaria has officially halted the use and importation of Russian oil for fuel production, following a decision by the Parliament to drop the derogation
"Bulgargaz" suggests an 18% decrease in natural gas prices starting next month
In a recent report released by the Institute for Energy Economics and Financial Analysis (IEEFA) on Wednesday, it was revealed that demand for natural gas in Europe experienced a significant decline last year, dropping to its lowest level in a decade
Norwegian Inspiration: Bulgaria's Move Towards Environmentally Friendly Prisons
Nexo Is Suing Bulgaria For Over $3 Billion