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Business » Energy

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: 1433

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: 2682

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: 2246

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: 1753

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: 1171

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: 1393

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: 1757

Round of Crucial Energy Talks Starts in Sofia

The Russian Prime Minister, Vladimir Putin, is arriving in the Bulgarian capital Sofia Saturday for a one-day visit on the invitation of Bulgarian counterpart, Boyko Borisov.

Business » Energy | November 13, 2010, Saturday // 11:04 | Viewed: 1363

Bulgarian Local Authorities All Up for Nabucco

The National Nabucco Company in Bulgaria has completed successfully consultations with Bulgarian local authorities on the future gas transit pipeline.

Business » Energy | November 12, 2010, Friday // 21:16 | Viewed: 2042

Russia Ecstatic over Bulgarian Deal for South Stream

The press center of the Russian government has released a seemingly triumphant statement announcing that Bulgaria and Russia will sign on Saturday an agreement practically giving the start of the realization of the South Stream gas transit pipeline.

Business » Energy | November 12, 2010, Friday // 19:20 | Viewed: 1504

Putin Arrives to Witness Bulgaria 'Put Up White Flag' to South Stream

Russian Prime Minister Vladimir Putin arrives in Bulgaria in order to finally seal the deal for the South Stream gas pipeline with the Bulgarian government, says a major Russian newspaper, Vremya Novostei.

Business » Energy | November 12, 2010, Friday // 12:15 | Viewed: 1551

Bulgarian Tycoon Provides Required Money for Brikel Plant

Bulgarian energy tycoon Hristo Kovachki has provided finances for the creation of sulfur filter in the Brikel thermal power plant, the Bulgarian daily Standard has reported.

Business » Energy | November 12, 2010, Friday // 10:29 | Viewed: 1477

Borisov, Putin with New Phone Talks on Energy

Bulgaria's and Russia's Prime Ministers, Boyko Borisov and Vladimir Putin, have discussed the joint energy projects in a third telephone call for the past three weeks, the spokesman of the Russian government has announced.

Business » Energy | November 10, 2010, Wednesday // 17:09 | Viewed: 1391

Bulgarian Govt Gives Go-Ahead to South Stream Pipeline

Bulgaria has finally dispelled any doubts about its commitment to the Russian-sponsored South Stream gas transit pipeline as the Borisov Cabinet decided to sign a shareholders' agreement with Gazprom for the construction of the project's Bulgarian section

Business » Energy | November 10, 2010, Wednesday // 14:05 | Viewed: 1714

Bulgaria Offers Macedonia Share in Belene Nuclear Plant

After it already held talks with Serbia and Crotia, Bulgaria has also approached Macedonia with an offer for a share in the future Belene Nuclear Power Plant.

Business » Energy | November 10, 2010, Wednesday // 12:40 | Viewed: 1593

Bulgaria Buys Time on Russian Oil Pipeline for Financial Reasons - Ex Official

The decision of the Bulgarian government that the environmental impact assessment of the Burgas-Alexandroupolis oil pipeline is inadequate is aimed at buying time, according to Plamen Rusev, ex-director of Bulgarian branch of the project company.

Business » Energy | November 10, 2010, Wednesday // 08:14 | Viewed: 1750

Burgas-Alexandroupolis EIA Unsatisfactory, Project Protracted

The environmental impact assessment of the Burgas-Alexandroupolis oil pipeline is inadequate and needs to be reworked, according to the Bulgarian Ministry of Environment.

Business » Energy | November 9, 2010, Tuesday // 17:11 | Viewed: 2081

Croatia Won't Join Bulgarian Belene NPP

Croatia has chosen not to join the project for constructing a second NPP in Bulgaria, announced PM Jadranka Kosor.

Business » Energy | November 9, 2010, Tuesday // 15:18 | Viewed: 1229

Bulgarian Energy Minister Reprimands US Ambassador on Shale Gas

US ambassador to Sofia James Warlick needs to do his homework on the legal framework of exploration for natural resources in Bulgaria, according to Minister of Energy and Economy Traicho Traikov.

Business » Energy | November 9, 2010, Tuesday // 14:56 | Viewed: 1744

Bulgaria Moves to Extend Life of Kozloduy NPP

The Bulgarian authorities have started procedures to extend the lifespan of the two operational reactors of the Kozloduy nuclear power plant.

Business » Energy | November 9, 2010, Tuesday // 13:38 | Viewed: 1223

Bulgaria Demands to Pay Less for Russian Gas

The Bulgarian government is to have talks with Russia concerning a possible lowering of Russian gas price, energy minister Traicho Traikov stated.

Business » Energy | November 9, 2010, Tuesday // 12:18 | Viewed: 1362