Business » Energy

Cyprus Eyes Bulgaria as Part of Plans to Transit Gas to Europe

Bulgaria is among the countries that Cyprus could work with to deliver gas to Europe, Cyprus' Energy Minister Georgios Lakkotrypis has said.

Business » Energy | September 26, 2016, Monday // 14:44 | Viewed: 850

Bulgarian Energy Commission Chairman: No Problems Expected Concerning EC Approval of NEC Loan

The Chairman of the Energy Commission in Parliament Delyan Dobrev does not expect any problems to arise concerning the necessary approval of the European Commission for the granting of state aid to the National Electric Company (NEC)

Business » Energy | September 25, 2016, Sunday // 13:37 | Viewed: 1307

Bulgaria Should Prioritize Gas Links with Greece, Romania - EU Official

Bulgaria should work to complete the interconnectors linking its gas transportation networks with Greece and Romania, the EU Commission spokesperson for Specific Energy Union Projects has said.

Business » Energy | September 24, 2016, Saturday // 15:55 | Viewed: 1956

No EU Guarantees for Russian Gas for Balkan Hub To Be Given Soon

The ironclad guarantees demanded by Russian President Vladimir Putin from the EU for the delivery of Russian gas along the bottom of the Black Sea for the Balkan gas hub will not be given soon.

Business » Energy | September 21, 2016, Wednesday // 16:39 | Viewed: 2877

Heating, Hot Water Prices To Remain Unchanged After October 1

As of October 1, 2016, the price of natural gas will increase by less than 3.

Business » Energy | September 21, 2016, Wednesday // 15:17 | Viewed: 1237

Azerbaijan's SOCAR Eyes Entering Bulgarian Oil Products Market

SOCAR is interested in entering the Bulgarian oil products market, the head of the Azerbaijani state-owned oil company has said.

Business » Energy | September 21, 2016, Wednesday // 13:22 | Viewed: 1456

Bulgaria May Use Belene N-Reactor to Complete 2nd Plant as Private Project

Bulgarian Energy Minister Temenuzhka Petkova has said the state is yet to consider its options to use the nuclear reactor and equipment procured for the ditched Belene nuclear plant (NPP) project which it now has to pay.

Business » Energy | September 21, 2016, Wednesday // 11:52 | Viewed: 3010

Bulgarian Parliament To Vote on Repayment of Belene Debt on Wednesday

At an extraordinary meeting, the Budget and Finance Commission and the Energy Commission approved the Draft Law for Providing Aid for Repayment of the Debt of the National Electric Company submitted by the council of Ministers.

Business » Energy | September 20, 2016, Tuesday // 18:20 | Viewed: 3184

EBRD Backs Bulgaria's Plans for Gas Hub in Varna

The European Bank for Reconstruction and Development (EBRD) is prepared to back Bulgaria's plans for a regional natural gas hub and will support the project financially if it proves viable, the bank's president Chakrabarti said on Monday.

Business » Energy | September 20, 2016, Tuesday // 16:10 | Viewed: 1640

Bulgaria to Pay for Russian N-Reactors with Budget Funding

Bulgaria will use budget funding to pay nearly EUR 629 M to Russian company Atomstroyexport, Energy Minister Temenuzhka Petkova has said.

Business » Energy | September 20, 2016, Tuesday // 14:41 | Viewed: 3239

EU Audit Office to Unveil Report on Kozloduy N-Plant Funding

The European Court of Auditors is set to publish its report on the use of EU funding by Kozloduy Nuclear power plant (NPP) in northern Bulgaria.

Business » Energy | September 20, 2016, Tuesday // 08:13 | Viewed: 3356

Bulgaria-Romania Gas Link 'Hopefully Ready' by End of Year

Bulgarian Energy Minister Temenuzhka Petkova has voiced her hope that the construction of an interconnector with Romania will be complete by the end of 2016, becoming the country's first gas link with a neighboring state.

Business » Energy | September 19, 2016, Monday // 14:58 | Viewed: 1770

Bulgaria Ready to Transport 15 BCM of Gas via Balkan Hub Project - PM

There is "a clear view" in the region that the Balkan Gas Hub can be carried through, Bulgarian Prime Minister Boyko Borisov has said.

Business » Energy | September 18, 2016, Sunday // 14:20 | Viewed: 52016

Bulgaria To Pay EUR 400 M to Russia for Belene By End of 2016

Bulgaria will pay EUR 400 M, or the main part of the debt ruled by the Paris Arbitration Court for the manufactured equipment for Belene by the end of the year, announced Energy Minister Temenuzhka Petkova, cited by BTA.

Business » Energy | September 17, 2016, Saturday // 16:09 | Viewed: 4751

Bulgaria May Have To Bid South Stream Dream Goodbye

Bulgaria may have to bid its dreams about the South stream pipeline goodbye.

Business » Energy | September 14, 2016, Wednesday // 15:40 | Viewed: 4753

Bulgaria Disputes Interest Rate in Belene N-Plant Ruling

Bulgarian Energy Minister Temenuzhka Petkova has announced the country deems "miscalculated" an interest rate on payments ordered by an international arbitration to Bulgaria over an abandoned nuclear plant.

Business » Energy | September 13, 2016, Tuesday // 14:22 | Viewed: 4599

Russia Demands Clear Deadline for Belene Debt Repayment

Russia insists that the decision of the international arbitrage be fulfilled as soon as possible and that Bulgaria pay its debt of Euro 620 M for Belene.

Business » Energy | September 10, 2016, Saturday // 17:12 | Viewed: 6004

Donchev: Bulgaria Must Pay for Russian Reactors Immediately

“Before we talk about the fate of the Russian reactors intended for Belene, Bulgaria has to pay,” stated Vice Prime Minister Tomislav Donchev.

Business » Energy | September 10, 2016, Saturday // 12:30 | Viewed: 2329

No Changes Expected in Prices of Heating, Hot Water

“There will not be an increase in the prices of heating and hot water, even if a proposal for a slight increase in the price of natural gas is received by October, 1,” stated the Chairman of the Energy and Water Regulatory Commission, Ivan Ivanov.

Business » Energy | September 8, 2016, Thursday // 20:20 | Viewed: 2130

Bulgaria's Former President Calls for Direct Gas Talks with Russia

President (2002-2012) ABV leader Georgi Parvanov has urged the government to begin talks with Russia about possible gas deliveries to the future Balkan Gas Hub.

Business » Energy | September 7, 2016, Wednesday // 13:59 | Viewed: 1899

Balkan Gas Hub: Bulgaria Plans to Keep Ownership of Grid

Bulgarian Deputy Prime Minister Tomislav Donchev has said the state intends on retaining the ownership of the existing gas infrastructure despite offering a joint venture for the so-called Balkan Gas Hub project.

Business » Energy | September 7, 2016, Wednesday // 07:53 | Viewed: 2347