Energy Minister Supports Serbian Participation in Bulgarian NPP

Business » ENERGY | August 7, 2010, Saturday // 17:34
Energy Minister Supports Serbian Participation in Bulgarian NPP: Energy Minister Supports Serbian Participation in Bulgarian NPP The site of NPP Belene in Northern Bulgaria. The project started as early as 1981, but since then little has been done. Photo by BGNES.

The Serbian Minister of Mining and Energy, Petar Skundric, had offered support to his country’s inclusion in the project to build a second Nuclear Power Plant (NPP) in the Bulgarian Danube town of Belene.

The news was reported Saturday by the Bulgarian National Radio, BNR, citing the Serbian newspaper “Blitz.”

According to the report, the Minister had stated Serbia’s participation in the Belene project would be “a good thing,” because his country has no plans to build their own NPP. Skundric further explains experts are examining the Bulgarian proposal.

“Blitz” comments that despite the fact specialists consider participation in Belene a “good idea,” it remains unclear why Serbia would take part in energy projects of a foreign country when in the last 20 years nothing has been done in the local energy sector. The article cites an opponent of the project among these experts, saying the Bulgarian NPP should not be among the priorities of the cabinet.

“Blitz” further writes that Belene will be finished in 7 years and will cost between EUR 6 and 7 B while Serbia received an offer to participate with 5% i.e. EUR 300-350 M.

Earlier Saturday, Bulgarian Prime Minister, Boyko Borisov, announced Serbia will participate in the project. Borisov spoke after the conclusion of his talks with Serbian President, Boris Tadic, in the Black Sea city of Varna late Friday, saying he had received from Tadic a firm “yes” on Serbia taking part in the Bulgarian NPP, but the numbers will be finalized after a European strategic investor is found.

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Tags: Boyko Borisov, Prime Minister, Boris Tadic, Serbia President, Serbia, Belene, NPP, Petar Skundric

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