Send to Kindle
Bulgaria President Parvanov said Bulgaria might be left out of the South Stream project if it hesitates too much. Photo by BGNES
Bulgaria's President, Georgi Parvanov, warned Sunday that the Russian-sponsored South Stream gas transit pipeline might circumvent Bulgaria.
"We should not rule out the possibility that if we are hesitant, this project might just go around us - through Turkey and Greece and then - to Italy. In this way, Bulgaria will be left out", Parvanov said in the southern city of Plovdiv.
He referred to the recent agreement between Russia and Turkey that was signed by Putin and Erdogan on Thursday, and provided for the passing of South Stream through Turkish territorial waters.
The President also said that Bulgaria needed to prepare for new problems with natural gas supplies, and that the EU institutions in Brussels had also warned about this possibility.
"I have no doubts that the project for the Belene Nuclear Power Plant needs to be speeded up. I will remind an idea of mine: that neighboring countries like Serbia and Macedonia, for instance, should also be involved in it. Their Presidents have also agreed", Parvanov declared regarding the unclear fate of the Belene NPP project.
Parvanov has declined to comment on the recent changes of top-ranking administrative officials made by the new government of Prime Minister Boyko Borisov.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
CIA Director William Burns has issued a stark warning, asserting that Ukraine may face defeat in its war against Russia by the end of this year if the United States does not step up its military assistance
A Russian airstrike on the city of Dnipro in central Ukraine has resulted in the loss of at least eight lives and left 21 individuals wounded
Ukraine's military announced the destruction of a Russian Tu-22 strategic bomber, allegedly involved in nighttime airstrikes targeting Ukrainian cities
NATO has announced plans to send Patriot air defense systems to the embattled nation
Ukraine's Prime Minister, Denys Shmyhal, issued a stark warning, stating that a third world war would erupt if Russia emerged victorious in the ongoing conflict
In an unexpected turn, Bulgaria and Turkey have been notably absent from the list of the ten cheapest European summer destinations for British tourists
In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May
The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
Oil prices have surged due to renewed concerns about the Middle East conflict. Brent crude futures increased by 0.32% to 90.80 USD per barrel, while American WTI crude rose by 0.3% to 86.50 USD per barrel
Bulgaria's state-owned energy company, "Bulgargaz," has suffered a significant setback, losing 27% of its market share as a result of a contract with the Turkish company "Botas"
A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament
Natural gas prices in Europe experienced a significant spike, surpassing 2% to reach 29 euros per megawatt-hour (MWh) on Monday
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
