Business » Energy

Bulgaria, Russia, Third Parties Strike Crucial Deal on Belene NPP

Bulgaria, Russia and third parties signed crucial memorandums on the creation of a company to construct the Belene NPP, committing to the project whose fate was not clear up to now.

Business » Energy | November 30, 2010, Tuesday // 20:25 | Viewed: 2339

Bulgaria, Greece to Have Full Gas Interconnection 2013

Bulgaria and Greece have signed Tuesday a contract for interconnection of their natural gas networks that must be built by 2013, announced Bulgarian Minister of Energy Traicho Traikov.

Business » Energy | November 30, 2010, Tuesday // 19:10 | Viewed: 1956

Bulgarian Right Wing Leader Firm against NPP Project

The project to build a second Nuclear Power Plant (NPP) in Bulgaria's Danube town of Belene does not have a life on its own, the right-wing leader Ivan Kostov declared

Business » Energy | November 30, 2010, Tuesday // 17:06 | Viewed: 1363

Bulgaria, Romania to Build Natural Gas Link

Bulgaria and Romania have planned the project for the construction of an inter-system link for the transfer of natural gas in the section Ruse-Giurgiu.

Business » Energy | November 30, 2010, Tuesday // 14:27 | Viewed: 1355

Finnish, French Companies Interested in Belene NPP

Finnish state-owned Fortum and French consulting firm Altran Technologies are the two companies which are willing to participate in the building of the Belene Nuclear Power Plant in Bulgaria.

Business » Energy | November 30, 2010, Tuesday // 13:41 | Viewed: 1378

Bulgarian PM 'Doubtful' about European 'Nabucco' Gas Line

A bank guarantee for Bulgaria in order to participate in the project to build the "Nabucco" gas pipeline would lead to over deficit, Prime Minister, Boyko Borisov, says.

Business » Energy | November 30, 2010, Tuesday // 13:32 | Viewed: 1448

Rosatom CEO Admits Mistake on Bulgaria's Belene NPP

Bulgaria and Russia have made a mistake by not specifying the exact raise of cost for the construction of the Belene nuclear power plant, the CEO of the Russian state nuclear energy company Rosatom has announced.

Business » Energy | November 30, 2010, Tuesday // 13:28 | Viewed: 1249

Rosatom Spokesman: Kiriyenko Refuses Comment on Bulgarian PM Words

The CEO of the Russian state nuclear energy company Rosatom, Sergey Kiriyenko, will not comment on anybody's statements, the company spokesperson, Sergey Novikov, said.

Business » Energy | November 30, 2010, Tuesday // 12:46 | Viewed: 1149

Rosatom Claims Ready to Provide Fuel for Bulgaria's Belene NPP

Russian state nuclear energy company Rosatom has announced it was ready to provide nuclear fuel for Bulgaria's Belene nuclear power plant for the whole period of its exploitation, which is 60 years.

Business » Energy | November 30, 2010, Tuesday // 11:20 | Viewed: 1454

Bulgaria's PM Urges Rosatom CEO to Admit Misleading on Belene NPP Price

Bulgaria will not give any more money for the Belene nuclear power plant, Bulgaria's PM Boyko Borisov has announced.

Business » Energy | November 30, 2010, Tuesday // 10:40 | Viewed: 1132

Bulgarian Energy Minister: Not Fatal to Scrap Belene NPP

Bulgaria might after all decide to not go forward with the plan to build a second Nuclear Power Plant (NPP) in the Danube town of Belene, Energy Minister, Traicho Traikov, hinted.

Business » Energy | November 29, 2010, Monday // 13:24 | Viewed: 1376

Turkmenistan, Iran Open Key Gas Pipeline

The presidents of Turkmenistan and Iran, Gurbanguly Berdimuhamedov and Mahmoud Ahmadinejad, launched Sunday the new Hangeran-Sangbast natural gas pipeline.

Business » Energy | November 28, 2010, Sunday // 18:46 | Viewed: 1702

Bulgaria to Float Minority Stake in E.ON Utility in 2-3 Months

Bulgaria's government will list in two or three months its 33% minority stake in E.ON, one of the three power distributors in the country, to enliven the local stock exchange and boost revenues, the finance minister announced.

Business » Energy | November 27, 2010, Saturday // 09:33 | Viewed: 1659

Bulgarian Renewable Energy Law to Determine Fate of Major AES Investment

American energy giant AES is expecting the adoption of Bulgaria's law on renewable energy in order to go ahead with its planned major solar park investment, AES Country Manager for Bulgaria Peter Lithgow told Novinite.com (Sofia News Agency).

Business » Energy | November 26, 2010, Friday // 21:12 | Viewed: 2946

Bulgarian PM Borisov Gets 'Tougher' with Russia on Belene NPP

Bulgaria will not succumb to the Russian demand to decide whether it will the building of the Belene Nuclear Power Plant by the spring, according to Bulgarian PM Boyko Borisov.

Business » Energy | November 26, 2010, Friday // 15:56 | Viewed: 1831

Rosatom Head: Russia Wants 30% of Bulgaria's Belene NPP

Bulgaria has time until the spring to decide on its participation in the Belene Nuclear Power Plant and sign a contract with Russia for the creation of a project campaign, Sergey Kiriyenko, CEO of the Russian state nuclear energy corporation Rosatom, said

Business » Energy | November 26, 2010, Friday // 09:02 | Viewed: 1626

6 New Tenders for Natural Gas Exploration in Bulgaria Imminent

The Bulgarian government is planning 6 new bids for gas exploration in the near future, as Diana Yaneva from the Ministry of Economy has told Novinite.com (Sofia News Agency).

Business » Energy | November 25, 2010, Thursday // 20:40 | Viewed: 2046

Major Companies Find Bulgarian Black Sea Oil Bid Unattractive

Major oil companies such as Total and Anadarko did not find the bid to explore for oil in the Bulgarian Black Sea attractive, Diana Yaneva from the economy ministry told Novinite.com (Sofia News Agency).

Business » Energy | November 25, 2010, Thursday // 20:32 | Viewed: 1884

Nabucco Spokesman: Turkmenistan Natural Gas Promise 'Remarkable'

The announcement of Turkmenistan that it is ready to provide natural gas for the Nabucco gas transit pipeline is a "remarkable step," according to Christian Dolezal, Spokesperson of the Nabucco Consortium.

Business » Energy | November 25, 2010, Thursday // 18:51 | Viewed: 3702

NEK: Belene NPP to Solidify Bulgaria's Role as Electricity Exporter in 2020

The construction of Bulgaria's second nuclear power plant at Belene will make sense for the country if it gets long-term contracts for exporting electricity, according to a report of the National Electric Company NEK.

Business » Energy | November 25, 2010, Thursday // 16:08 | Viewed: 2551

Serbian Paper: Bulgaria's Belene NPP Unfavorable for Serbia

Participation in Bulgaria's second nuclear power plant at Belene will be unfeasible for Serbia, according to an article of Serbian newspaper Politika.

Business » Energy | November 25, 2010, Thursday // 15:24 | Viewed: 1386