The Bulgarian state owned Bulgargaz CEO, Dimitar Gogov, has canceled his visit to Moscow as it is certain that the danger of a new gas crisis has been avoided.
The CEO of Bulgaria's gas monopoly Bulgargaz, Dimitar Gogov, is leaving for the Russian capital Moscow Monday for talks with Gazprom over a potential new natural gas crisis.
The Russian energy giant Gazprom has extended the deadline for the payment for the natural gas that the Ukraine received in May 2009.
The intergovernmental agreement on the Nabucco gas pipeline project might be signed in the coming weeks.
Bulgaria Energy Minister, Petar Dimitrov, has received notice from the Russian Ambassador to Bulgaria regarding a possible gas cut-off as early as June 7 - EP election day.
Bulgaria is completely prepared and has gas supplies for months ahead in case a new gas crisis happens.
Small and medium-sized companies from Northeast and Southeast Bulgaria are going to have to pay higher electricity prices starting July 1, 2009.
Рўhe three planned large-scale Russian energy projects in Bulgaria are unlikely to be affected by the global economic crisis as they are driven by geopolitical motives.
The Chairman of Russia's Gazprom Management Committee, Alexey Miller, and Bulgarian Bulgargaz CEO, Dimitar Gogov, discussed Friday changes in the existing gas delivery contract.
Bulgaria's cabinet voted Thursday to authorize the Foreign Ministry and the Ministry of Energy and Economy to sign an intergovernmental agreement for the construction of the Nabucco gas transit pipeline.
Russian Prime Minister, Vladimir Putin, has given the green light to a EUR 3,8 B loan for the construction of Bulgaria's second nuclear power plant at Belene.
The largest threat for the realization of the project for building Bulgaria's second nuclear power plant at Belene are the coming Parliamentary Elections.
Bulgaria's Economy and Energy Minister, Petar Dimitrov, has suggested that the gas supply to Bulgarian steel mill Kremikovtzi will not be re-started.
Bulgaria is in the grip of fears over the financing of its three top energy projects following a warning by the Russian president that his country is sliding into a deeper recession than expected and will have to squeeze spending.
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