The government has approved the launch of procedures for issuing an oil and gas prospecting and exploration permit at the Khan Asparuh 1-21 Block located in Bulgaria's Black Sea exclusive economic zone.
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Energy | October 19, 2011, Wednesday // 13:49
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Introducing an excise duty on methane and natural gas in Bulgaria must be delayed as long as possible, and never be drastic, according to the country's Economy and Energy Minister, Traicho Traikov.
There will be definitely no excise duty on methane in Bulgaria over the fact it would lead to a price hike of many other services which the country cannot afford in times of economic crisis.
Bulgaria's Finance Ministry is mulling giving up on plans to introduce excise on methane from January 1, 2011, which is expected to up heating prices as well.
The refinery Plama in Bulgaria's northern city of Pleven is going to reopen in December 2011.
The heating utility in Bulgaria's capital Sofia announced it is ready to start providing heat to customers as of next Monday, but would rather not because of the expected warm spell.
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Energy | October 15, 2011, Saturday // 16:56
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The Bulgarian Nuclear Power Plant (NPP) in the Danube town of Kozloduy is holding Saturday an open doors day, the NPP informs.
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Energy | October 15, 2011, Saturday // 10:08
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The launch of the EU-backed gas pipeline project Nabucco may be postponed by another year to 2018.
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Energy | October 12, 2011, Wednesday // 17:13
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Amendments to Bulgaria's Excise Duties and Tax Warehouses Act proposed by the Finance Ministry provide for an increase in excise duty rates for a number of fuels and the introduction of excise duty rates for methane and natural gas for heating purposes.
The capital Sofia will have several electric car charging stations in just weeks, according to Bulgarian Economy and Energy Minister, Traicho Traikov.
Russian energy giant Gazprom is interested in acquiring power generation assets in Great Britain, Germany and Benelux, according to Denis Fyodorov, CEO of Gazprom EnergoHolding.
Bulgaria's state-run power grid operator has tabled a lawsuit in Geneva against Russia's state nuclear company Atomstroyexport over delayed payments on the planned Belene nuclear plant, the energy minister said on Thursday.
Philips has unveiled its first showroom in Bulgaria and on the Balkans displaying innovative home lighting solutions.
Bulgaria's state-run power grid operator has tabled a lawsuit against Russia's state nuclear company Atomstroyexport over delayed payments on the planned Belene nuclear plant, the energy minister said on Thursday.
Bulgarian Minister of Economy, Energy and Tourism Traicho Traikov has conceded that shale gas prospecting implies risks, saying that the aim is to evaluate them correctly so as to keep the dangers to a minimum.
The project for Bulgaria's second nuclear power plant in Belene has met the international "stress-test" safety requirements, announced Russian state company Atomstroyexport, which is supposed to construct the Belene NPP.
The European Union has formally proposed that Kazakhstan join the Trans-Caspian Pipeline project designed to transport Central Asian gas to Europe, European Commissioner Gunther Oettinger said at the opening of the Eurasian forum KAZENERGY in Astana.
Austrian energy giant OMV is mulling exiting its gas station business in Bulgaria and several other countries in Central and Eastern Europe, a report says.
Bulgaria's Environment Ministry is expected to decide the fate of the troubled Burgas-Alexandroupolis oil pipeline project within 30 days, as the project company TBP has submitted its environmental impact assessment.
Bulgaria and Russia have reached an agreement to extend the negotiations over Belene nuclear project by another six months as of the beginning of October amidst continuing haggling over its price and feasibility.
Natural gas, hot water, and central heating have new, higher prices in Bulgaria, effective Saturday.
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