EVN AG has informed all stakeholders the project for the realization of the Hydro Power Cascade is put on hold.
Hungary's Foreign Minister has argued the abandoned South Stream gas pipeline project could be revisited following the early election in Bulgaria next month.
The third meeting of the Consultative Council on the project South Gas Corridor will start in Baku on Thursday.
The construction of the gas link between Bulgaria and Greece is expected to start in the beginning of 2018, stated interim Energy Minister Nikolay Pavlov in Azerbaijan.
The chairman of the Energy and Water Regulatory Commission (KEVR) Ivan Ivanov reckons that the demand of Bulgargaz for a 32% hike in the price of natural gas as of April 1 is unjustifiably high.
The abandoned South Stream gas pipeline project designed to pump Russian gas into Central Europe via Bulgaria "will probably be carried out," Russia's commercial attaché to Bulgaria has said.
French authorities have announced that there is no danger of nuclear pollution after the explosion which took place at the nuclear power plant in northwestern France before noon on Thursday.
The European Commission will review a decision of Bulgaria to stop exporting electricity on January 13, an official has said.
The European Commission will conduct a market survey before deciding finally whether to fine Russian company Gazprom or make a deal with it, stated European Commissioner for Competition Margrethe Vestager.
Russia is ready to finance fully the expansion of the only nuclear power plant in Hungary, stated Russian President Vladimir Putin after meeting Hungary’s PM Viktor Orban in Budapest, cited by RIA Novosti.
Russian President Putin said on Thursday his country didn't feel offended about Bulgaria and other countries' decision not to carry through the South Stream gas pipeline project due to their lack of "manliness".
In the near future, Hungary could join the projects of Gazprom North stream and Turkish Stream, announced Yuri Ushakov, aide to Russia’s President on the eve of Putin’s visit to Budapest.
The Federation Council of Russia has approved the law for the ratification of the agreement between the governments of Russia and Turkey on the Turkish Stream pipeline.
The restrictions on the quantities of electricity which state enterprises Kozloduy NPP, Maritsa Iztok 2 and National Electricity Company (NEK) may sell on the Bulgarian Energy Exchange have been lifted.
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