Business » Energy

Bulgaria Govt with New Scenario for Energy Holding Future

Bulgaria's government is considering yet another scenario how to restructure the energy holding, which groups the country's top energy assets, a member of the ruling party has announced.

Business » Energy | November 18, 2010, Thursday // 17:22 | Viewed: 1424

Slovenia Hails Progress of Russian South Stream Pipeline

Several days after the future of the South Stream gas transit pipeline emerged more certain as Bulgaria and Russia signed a respective deal, Slovenia's President Danilo Turk hailed the progress of the project in Moscow.

Business » Energy | November 18, 2010, Thursday // 11:18 | Viewed: 1408

Energy Minister: Russia Wants to Build Luxury NPP in Bulgaria

Russia has requested the maximum possible price for the Belene NPP project in Saturday's negotiations, revealed Bulgarian Minister of Economy and Energy Traicho Traikov Tuesday.

Business » Energy | November 16, 2010, Tuesday // 16:04 | Viewed: 1342

Bulgaria Confirms It Will Request Derogation on South Stream from EC

Bulgaria will ask the European Commission for a derogation, so that a substantial part of the South Stream pipe be used only by shareholders, confirmed energy minister Traicho Traikov Tuesday.

Business » Energy | November 16, 2010, Tuesday // 15:51 | Viewed: 1446

Bulgaria Picks HSBC for Belene Nuclear Plant Consultant

The Bulgarian Energy Holding has picked HSBC, one of UK's biggest banks, for a consultant to help it decide how to proceed and attract new investors for the planned Belene nuclear power plant, the energy minister said.

Business » Energy | November 16, 2010, Tuesday // 14:24 | Viewed: 3996

Bulgaria PM Confirms Pull Out of Oil Pipeline Project

Bulgaria's prime minister has reiterated his determination to abandon the Burgas-Alexandroupolis oil pipeline project over fears that it is unprofitable and environmentally unfriendly.

Business » Energy | November 16, 2010, Tuesday // 12:55 | Viewed: 1519

Bulgaria to Amend Russian South Stream Deal to Fit EU Law

Bulgaria is to amend its original 2008 South Stream gas transit pipeline deal with Russia in accordance with what is described as "advice" from the European Commission.

Business » Energy | November 15, 2010, Monday // 16:00 | Viewed: 1708

Bulgarian Energy Minister: EUR 7 B Unrealistic Price for Belene Nuclear Power Plant

The Bulgarian government will not accept a final price of EUR 7 B for the Belene Nuclear Power Plant project, Bulgarian Economy andEnergy Minister Traicho Traikov, stated.

Business » Energy | November 15, 2010, Monday // 13:11 | Viewed: 1568

Bulgarian Energy Minister: Russia 'Ready to Sponsor' South Stream

In case Bulgaria faces problems with the financing of its section of the South Stream gas line, Russia can secure an advance amount, without having the right to obtain shares and assets.

Business » Energy | November 15, 2010, Monday // 12:58 | Viewed: 1747

Russian Press Downplays South Stream Contract with Bulgaria

Russia made a step towards the realization of the South Stream gas line Saturday, but actual construction will not start for years, the Moscow daily "Nezavisimaya Gazeta" writes Monday.

Business » Energy | November 15, 2010, Monday // 10:54 | Viewed: 1526

Talks on Russian Gas Prices for Bulgaria Imminent

Talks on gas prices between Bulgaria's "Bulgargaz" and the Russian energy giant "Gazprom" are happening as early as this week, according to the CEO of the Bulgarian Energy Holding (BEH), Maya Hristova.

Business » Energy | November 15, 2010, Monday // 10:18 | Viewed: 1700

Bulgarian PM: Russian Gas for Bulgaria Will Be Cheaper

Bulgarian PM Boyko Borisov has stated that his country will be buying Russian gas at lower prices, just a day after talks with Russian PM Vladimir Putin appeared to end at stalemate on that matter.

Business » Energy | November 14, 2010, Sunday // 15:24 | Viewed: 1906

Bulgaria Helps South Stream Stride in Europe - Russian Media

"South Stream Makes Major Step in Europe" - this is the headline of Russian daily Vesti commenting on Russian PM Vladimir Putin's Saturday visit to Sofia.

Business » Energy | November 14, 2010, Sunday // 14:57 | Viewed: 1566

Miller: South Stream 4 Months Ahead of Schedule Thanks to Bulgaria

The South Stream gas transit pipeline might be launched four months ahead of schedule thanks to the progress achieved with Bulgaria, Gazprom CEO Alexei Miller declared in Sofia Saturday.

Business » Energy | November 13, 2010, Saturday // 20:07 | Viewed: 1340

Rosatom Head: Bulgaria's Belene NPP to Return Investment Swiftly

Bulgaria's future second nuclear power plant Belene will take less than 20 years to return the money invested in its construction, Sergey Kiriyenko, CEO of the Russian state nuclear energy corporation Rosatom, declared in Sofia.

Business » Energy | November 13, 2010, Saturday // 19:23 | Viewed: 1426

Gazprom CEO: Bulgaria Now Safe from Romanian Competition for South Stream

Bulgaria can no longer be replaced by Romania as the European hub of the Russian-sponsored South Stream gas transit pipeline, Gazprom CEO Alexei Miller stated in Sofia.

Business » Energy | November 13, 2010, Saturday // 18:55 | Viewed: 2055

Putin Makes Final Price Offer to Bulgaria for Belene Nuclear Plant

Bulgaria and Russia are making progress on the talks for the price of the construction of the Belene Nuclear Power Plant, their Prime Ministers, Borisov and Putin, clearly optimistic about the project, said in Sofia Saturday.

Business » Energy | November 13, 2010, Saturday // 18:33 | Viewed: 2243

Bulgaria, Russia Ink Long-Anticipated South Stream Deal

Bulgaria and Russia have signed an intergovernmental agreement for the construction of the Bulgarian section of the South Stream gas transit pipeline in the presence of their Prime Ministers, Boyko Borisov and Vladimir Putin, in Sofia.

Business » Energy | November 13, 2010, Saturday // 17:52 | Viewed: 1672

Bulgaria to Save USD 60 M Annually from Russian Gas Price Cut - Expert

The offer of the Russian energy giant to reduce the natural gas price for Bulgaria will mean that Bulgaria will be saving a total of about USD 58-60 M per year, according to a Russian analyst.

Business » Energy | November 13, 2010, Saturday // 15:52 | Viewed: 1165

Bulgarian Rightists: PM Borisov Should Not Succumb to Russia

The Bulgarian Prime Minister Boyko Borisov should not capitulate under Russian pressure, the Bulgarian rightist party DSB (Democrats for Strong Bulgaria) stated in a special declaration.

Business » Energy | November 13, 2010, Saturday // 15:49 | Viewed: 1377

Russian Gazprom Offers Bulgaria Gas Price Reduction

The Russian energy giant Gazprom has prepared a package of gas price offers for Bulgaria providing for their lowering by 5% to 7%.

Business » Energy | November 13, 2010, Saturday // 11:58 | Viewed: 1718