France's Dalkia International has confirmed its interest in acquiring Sofia heating utility, which is in tatters after being drained to the brink of bankruptcy.
Bulgaria's electricity balance has stabilized since the country stopped exporting electricity as of midnight on February 10, announced Bulgarian Minister of Economy, Energy, and Tourism Traicho Traikov.
Prices of gas in the US are 20% from those in Bulgaria, says US Energy Envoy for Eurasia Richard Morningstar, who was on an official visit to Sofia Thursday and Friday.
Bulgaria's state-owned gas supplier Bulgargaz has demanded that natural gas prices in the country go up by almost 27% as of April 1, 2012.
Bulgaria's Economy and Energy Minister, Traicho Traikov and the Ministry assure that there would be no power outages and planned blackouts in the country over the shortage of electric power.
The main issues that Bulgaria needs to stress on in its energy policy are diversification and transparency, stated US Energy Envoy for Eurasia Richard Morningstar, who is on an official visit to Sofia.
Starting 1 am Friday Bulgaria is stopping the export of electricity due to higher domestic consumption in exceptionally cold winter conditions.
Bulgaria is fully committed to implementing the South Stream natural gas pipeline jointly with Russia, said Bulgarian Minister of Finance Simeon Djankov following his trip to Moscow.
Pavel Shopov, MP from nationalist party Ataka, has called for a moratorium on the sale of state-owned minority stakes in power distribution companies, arguing that their privatization would hurt public interests.
Bulgaria, Slovakia and Lithuania need an additional EUR 2.5 B for the decommissioning of eight non-upgradeable nuclear reactors, according to a report of the European Court of Auditors (ECA).
Russia fully guarantees adequate delivery of natural gas to Europe, stated Russian Energy Minister Sergei Shmatko upon meeting Bulgarian counterpart Traicho Traikov in Moscow Tuesday.
The miners at Bulgaria's largest State-owned coal mines Maritsa Iztok have resumed coal extraction at all three open-pit mines.
Bulgarian vice-PM and Minister of Finance Simeon Djankov and Minister of Economy and Energy Traicho Traikov discussed joint energy projects with Russia with Russian Energy Minister Sergey Shmatko Tuesday.
Briquette production at the Brikel plant in the southern Bulgarian town of Galabovo has stopped due to halted coal supplies from the state-owned Maritsa Iztok Mines.
US Secretary of State Hillary Cinton has agreed with Bulgarian PM Boyko Borisov that environmental safety should be the highest priority as far as shale gas research and exploration are concerned, US Ambassador to Bulgaria James Warlick said.
Bulgaria should lift its recently imposed moratorium for exploration and production of shale gas, argued rightist Union of Democratic Forces at a press conference Sunday.
Bulgarian PM Boyko Borisov and US Secretary of State Hillary Clinton have agreed to protect the environment in pursuing their energy policies at a meeting in Sofia Sunday.
Bulgaria is a key country for the United States in terms of energy strategy, it transpired during US Secretary of State Hillary Clinton's visit to Sofia Sunday.
Lower Austria fully supports the advancing of the "Gorna Arda" hydro power plant project, says the province's Governor, Edwin Proll.
No Border Blockade This Year
Fake News Affecting Bulgaria Too