China 'Interested in Bulgaria's Belene Nuclear Plant'
China's state-owned nuclear company is eyeing the Belene nuclear power plant project in Bulgaria, the government in Sofia has said.
In a statement to the media, the cabinet's press office shows images of a meeting of Prime Minister Boyko Borisov and other officials with representatives of the China National Nuclear Corporation (CNNC) in Sofia.
The Chinese representatives, whose names are not included, are reported as saying their company stands "ready" to carry out the projects under the conditions offered by the government.
The meeting was held at the CNNC's initiative, according to the statement.
Alongside Borisov, Energy Minister Temenuzhka Petkova and Deputy Prime Minister Tomislav Donchev, who oversees economic development, also took part in the talks.
"During the meeting, Prime Minister Boyko Borisov explained that the Belene project may be carried out on a market basis, with no state investment and no long-term electricity purchase contracts," the statement also says.
Bulgaria is yet to pay hundreds of millions of EUR to Russian Atomstroyexport company this month over the abandoned Belene NPP project. After the delivering the sum, it will receive the equipment manufactured before Belene was ditched by Borisov's previous government.
The CNNC does not rank as a government administrative body, even though its head is appointed by Chinese Prime Minister Li Keqiang.
- » Azerbaijan Ready to Invest in Bulgaria’s gasification
- » The Average Value of Heat Invoices For Household Customers of EVN Heating Company in December 2017 is BGN 80.32
- » Tesla Began the Serial Production of Solar Roofs
- » Minister of Energy: There are no Grounds for Raising the Price of Electricity
- » Bulgaria's NPP Kozloduy Opens 21.2 mln Euro Repair
- » Russia has Delivered the First Quantities of Liquefied Gas in the UK
One must consider the type of Chinese infrastructure that will be introduced that meets EU requirements.
Next, what type of contra trade will be introduced by Bulgaria to pay for Chinese infrastructure?
This will be an excellent test to introduce Chinese infrastructure in a post-Trump Era in Europe and Eurasia.